Analysis of Bitcoin Ownership Distribution
- Satoshi Nakamoto's Holdings: According to Arkham data, Satoshi Nakamoto holds approximately 1.096 million BTC, valued at around $82 billion, representing about 5.5% of Bitcoin's total supply, underscoring its pivotal role in the Bitcoin ecosystem.
- Exchange Holdings: Coinbase and Binance hold approximately 976,000 BTC and 631,000 BTC respectively, with Coinbase controlling about 5% of Bitcoin's supply, reflecting the significant role of exchanges as major holders and their impact on market liquidity.
- Rise of ETF Issuers: BlackRock, as the largest Bitcoin ETF issuer, holds around 799,000 BTC, indicating a significant increase in institutional interest in Bitcoin since the U.S. launch of spot Bitcoin ETFs in January 2024.
- Government Holdings: The U.S. government ranks as the largest government holder with about 328,000 BTC, primarily from asset seizures, highlighting the unique role and influence of governments in the Bitcoin market.
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Technical Analysis for SATS
Technical Sentiment Analysis for SATS (Ordinals) (SATS). As of , SATS (Ordinals) (SATS) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 7 indicators are flashing buy, while 1 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for SATS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, SATS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
SATS (Ordinals) (SATS) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.000000011 | 0.000000012 | 0.0000000131 | 0.0000000142 | 0.0000000153 | 0.0000000163 | 0.0000000174 |
| Fibonacci | 0.000000012 | 0.0000000129 | 0.0000000134 | 0.0000000142 | 0.000000015 | 0.0000000155 | 0.0000000163 |
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