CryptoQuant: Binance individual investors dominate the index as high as 89.6, while Coinbase is only at 18.3.

According to the latest CryptoQuant report, the Binance individual investor-led index reached 89.6, compared to Coinbase's individual investor-led index of 18.3.
The Retail Dominance Index is used to measure the activity and influence of individual investors relative to institutional investors in an exchange. The higher the value, the greater the proportion of individual investors in the exchange's client base, and the lower the value, the more the exchange serves institutional customers.