LUNA.Distribution.Circulating.held.by.addresses

The term of Whale used fro people who have a lot of assets in the cryptocurrency market and with this assets changes the trend of market transactions. Because their circulating volume is massive, whale trading affects price moves. The same effect deceives some and benefits the whales. This is the most common reason for ordinary people to be afraid of cryptocurrencies. To address the citation of wealth in cryptocurrencies like Luna, the asset holder approach is proposed. In this method, the total volume of circulating asset and the number of holders for top 100, 1 percent and 10 percent of wallets are studied.

The percentage of circulating Luna from top 100, top 1% and top 10% are shown in this table. According to the this table, 78.78 percent of circulating Luna is held by top 100 wallets. The results shows the effect of whale on circulating Luna.

The amount of circulating Luna from top 100, top 1% and top 10% addresses are shown in this table. the numbers are so massive and we can compare them to the total volume of circulating Luna in market and make decision to join in this market or not.

maybe its better to observe the behavior of whales in Luna token to make the best decision.

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flipside

LUNA.Distribution.Circulating.held.by.addresses