This Crypto Cycle is Officially Weird: The Suits Are Buying, Retail Can't Afford to Care

The CEO of Exodus just pointed out that we’ve entered the Twilight Zone of crypto: this might be the very first cycle in history where Wall Street is aggressively loading their bags, while everyday retail investors are completely ghosting the market. Instead of running for the hills like in previous cycles, heavyweights like Morgan Stanley, Charles Schwab, Franklin Templeton, and even Fannie Mae are diving headfirst into the crypto pool.

So, why is the average Joe missing out on the action? It’s not because the market looks scary—it’s because buying groceries currently requires a small mortgage. Thanks to a brutal cost-of-living crisis and inflation doing parkour, the average person simply has zero spare fiat left to throw at magic internet money. The proof is in the pudding: Binance data shows that activity from "shrimp" accounts (those holding less than 1 BTC) has plummeted to a 9-year low.

Turns out, it’s really hard to "buy the dip" when you're just trying to survive the supermarket!$BTC