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A recent report by CryptoQuant shows that large players control 61% of all Bitcoin (BTC). The report analyzed the distribution of unspent transaction outputs by their value using the UTXO Value 61% of all Bitcoin controlled by large players. As per the report, Dolphins and Sharks control 29.57% of the market. Dolphins and Sharks are mid-sized players with BTC and 500 to 1000 UTXO Value Bands is an indicator that displays the distribution of all unspent transaction outputs (UTXOs) by their value. It allows for the analysis of both Analyzing the UTXO Value Bands, an indicator that displays the distribution of all unspent transaction outputs by their value, CryptoQuant found that Dolphins and Sharks, mid-sized players with 100

61% of All Bitcoin Controlled by Large Players: What it Means for the Market

A recent report by CryptoQuant reveals a significant concentration of Bitcoin (BTC) ownership. The report highlights that 61% of all Bitcoin controlled by large players, raising important questions about market centralization and potential volatility. This concentration could influence price movements and overall market stability.

CryptoQuant Report Details: UTXO Value Bands Analysis

The CryptoQuant report analyzed the distribution of unspent transaction outputs by their value using the UTXO Value Bands. Analyzing the UTXO Value Bands, an indicator that displays the distribution of all unspent transaction outputs by their value, provides crucial insights into the distribution of Bitcoin ownership.

The UTXO Value Bands is an indicator that displays the distribution of all unspent transaction outputs (UTXOs) by their value. It allows for the analysis of both large-scale accumulation and smaller retail activity.

Dolphins and Sharks: Mid-Sized Players Hold Significant Share

The report further breaks down the ownership distribution. As per the report, Dolphins and Sharks control 29.57% of the market. Dolphins and Sharks are mid-sized players with BTC and 500 to 1000 UTXO Value Bands. These entities, possessing between 100 and 500 BTC, represent a substantial segment of the Bitcoin ecosystem. CryptoQuant found that Dolphins and Sharks, mid-sized players with 100 BTC, play a vital role in market dynamics.

Implications of Concentrated Bitcoin Ownership

The fact that 61% of all Bitcoin controlled by large players has several implications. It suggests that a relatively small number of entities can significantly impact the price of Bitcoin. Understanding these ownership dynamics is crucial for investors and anyone involved in the cryptocurrency market.

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