Bitcoin futures are cooling as whale participation declines

Bitcoin’s futures market has entered a cooling phase, raising questions over whether retail traders can sustain price momentum without the influence of institutional ￰0￱ from blockchain intelligence platform CryptoQuant show that the market is now being driven increasingly by smaller players, while selling pressure in futures contracts could send the value of Bitcoin ￰1￱ whales retreat, retail steps in Analysis from CryptoQuant highlights a decline in whale participation within the futures ￰2￱ average order size, which is calculated as total trading volume divided by the number of trades, continues to ￰3￱ Futures Average Order Size.