Analysis: In the past week, the admission funds may not come from retail investors, but institutional investors

On November 5th, encryption analyst Devin Walsh said on Twitter that after China released its policy of supporting blockchain technology on October 25, there were no more retail investors joining the field of cryptocurrency, but from the chain data, The size of the deal has increased, which may represent an action by institutional investors. Specifically, the number of addresses sent or received from BTC and USDT (Omni and ERC-20) and the number of different transmissions of these assets are not significantly different from historical data, but the average transfer of USDT on the chain is average. The amount has shown an increasing trend since October 25, and even after 300 million USDTs were migrated from Omni Network to Ethereum's ERC-20 token on October 29, there is still a significant increase.