Matrixport: Retail Trading Enthusiasm Continues to Decline, TRUMP Token Unlock May Intensify Market Selling Pressure

Matrixport released a chart today stating that retail trading activity in the crypto market has remained weak since the beginning of the year. Daily spot trading volume in South Korea has fallen to $775.00 million, and Binance's average daily turnover has also shrunk to $5.00 billion, a new low since September 2024. The significant decline in trading volume reflects an overall decline in retail participation. Since the launch of the $TRUMP token in January, market trading has gradually weakened. With $782.00 million in $TRUMP tokens unlocking next week, the increased supply may further increase market selling pressure, and some holders may leave to cash out. If there is a lack of sufficient buying to absorb the selling pressure, short-term volatility may intensify. The current market lacks new drivers, and most retail investors seem to have entered "summer vacation mode" early. [ChainCatcher]