#数字资产市场洞察 I dug into the data a bit, and it's quite interesting —

The loss rate for retail accounts (with positions under 100,000) is as high as 98%, while the loss rate for institutional investors (in the tens of millions) is less than 1%. What does this gap indicate?

The stock market is not creating wealth; it is essentially about transferring it. It moves from retail investors' pockets to institutional accounts. This logic seems even more apparent in the cryptocurrency space.

It makes sense to think that way. The market has limited incremental growth, and the total size of the pie is finite. If someone makes a profit, then someone else must incur a loss. The key is who is losing—often it is the small retail investors who rely on intuition, listen to stories, and chase after price fluctuations. Meanwhile, the big players who truly understand risk management and have information advantages? They have already cashed out while harvesting profits.

$BTC The trend of $BNB also confirms this point. Every time there is a big rise or fall, retail investors are repeatedly washed out. In contrast, those with capital and strategies quietly accumulate at the bottom and subtly reduce their positions at the top.

Does anyone have detailed data on the cryptocurrency market? I want to see if the loss rate for retail investors in the crypto space is as frightening as it seems. If it is, then it validates a painful truth: the market never loses money; it is always those who didn't do their homework that lose.