#btc Why are there always more empty owners in the market?

As you can see from the attached picture, you can get the maximum amount of coins by investing a small amount early.
When the current price is at an all-time high, those with the greatest profits are the early investors, who also account for the largest number of positions.
Therefore, according to the position data, the current profit-making addresses of BTC are as high as 98%. Therefore, the most likely thing to happen is that the profit-making addresses take profits, and the profit-making addresses account for the largest proportion, and almost all of them have become the main influencers.
Therefore, empty owners account for 98% of the time, and of course the most common ones are empty owners. But the empty owner does not mean that the price will collapse. It's just that it's easier to see the empty owner with a higher probability. Therefore, it is normal that the probability of seeing the empty owner is very high.
And where are the other multi-masters? When will you feel that having multiple owners is more important?
From the data point of view, this problem is almost impossible to occur. But again this does not equal price direction.
Therefore, please do not use the frequency of seeing short owners to judge that the price will fall. This is not equal and is wrong.
When the number of multiple owners increases, it means that new funds in the market enter the currency circle. The increase in multiple owners means the greater the value of the ancient empty owners, which is directly proportional.
But the same point is that "a large number of short sellers is normal and does not represent the price direction."

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