Exodus Users Fall 18%, Volume Drops 26% as Retail Crypto Cedes Ground to Institutions
Exodus Movement reported 1.4 million funded users in Q1 2026, down 18% from 1.7 million in December 2025, with exchange volume falling 26% to $1.18 billion. Net losses widened 149% year-over-year to $32.1 million. The data reinforces a structural shift: retail crypto is contracting while institutional players and consolidated exchanges absorb the market.
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