The token holder's chart is a graphical representation of the distribution of Bitcoin among different addresses or 'holders.' It allows users to have a comprehensive view of how many addresses hold a certain range of Bitcoins. Users can use this chart to better understand the decentralization and distribution level of Bitcoins among wallets and also to analyze the buying, selling, or holding trend in the Bitcoin network. Observations like the concentration of large volumes of Bitcoin in a few addresses or the increase of addresses holding smaller amounts may guide your investment decisions. This chart provides valuable insights into the economy of Bitcoin and can be a helpful tool for strategic planning and forecasting.
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