Holder Concentration Overview

Overall
Indicator Explanation
Tutorial
Holder Concentration is a open interest analysis indicator, which
indicates the concentration of long and short positions among
perpetual futures market traders. A higher value suggests that
positions are concentrated among a few large traders, the whales,
institutions and exchanges, conversely, a lower value suggests a
dispersed position distribution. A positive value (green bar)
indicates that whales hold more long positions, and a negative value
(red bar) indicates that whales hold more short positions.
The Overview page displays market-wide concentration status and token
ranking, the Change page supports you to identify token ranking with
change of concentration, and the Sector page shows the concentration
status of crypto sectors.