[Bloomberg: Bitcoin Decline Exposes Market Vulnerability, Retail Investors Withdraw] Odaily Planet Daily News - The latest Bitcoin downturn has exposed the cost of the scale and legitimacy brought by Wall Street, as retail buyers who once helped absorb sharp declines have largely disappeared. According to data from Deutsche Bank AG, the pool of new retail buyers has essentially dried up as many investors have rotated into AI-related investments, and institutional demand has started to lose momentum. Analyst Marion Laboure stated that marginal buyers are no longer retail investors but rather ETF allocators or corporate finance departments, with investors withdrawing over $6 billion from Bitcoin ETFs. Currently, Bitcoin is trading below Strategy's average cost of $75,699, and the market has begun to price in the possibility of forced liquidations by leveraged corporate holders. Retail participation has stalled, and prices are increasingly influenced by institutional capital flows and competition from AI investments. (Bloomberg)