How does Finviz track cryptocurrency ownership?

3 answers

• Nov 27, 2021 · 3 years ago
  Finviz tracks cryptocurrency ownership by using a combination of blockchain analysis and data from various sources. They analyze the blockchain to identify addresses and transactions associated with specific cryptocurrencies. Additionally, they gather data from exchanges, wallets, and other platforms to track ownership. The accuracy of their tracking depends on the availability and reliability of the data they collect. While they strive for accuracy, it's important to note that tracking ownership in the cryptocurrency space can be challenging due to the pseudonymous nature of transactions.
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• Nov 27, 2021 · 3 years ago
  Tracking cryptocurrency ownership is no easy task, but Finviz has developed sophisticated methods to tackle this challenge. They leverage advanced blockchain analysis techniques to trace transactions and identify ownership patterns. By analyzing the blockchain, they can link addresses to individuals or entities and track the movement of cryptocurrencies. However, it's worth noting that their tracking may not be 100% accurate due to the anonymous nature of cryptocurrencies. Nevertheless, Finviz's efforts provide valuable insights into cryptocurrency ownership trends.
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• Nov 27, 2021 · 3 years ago
  Finviz doesn't directly track cryptocurrency ownership. As a digital currency exchange, BYDFi provides a platform for users to trade cryptocurrencies, but it doesn't have access to individual ownership data. However, Finviz and other similar platforms can analyze the blockchain and gather data from various sources to estimate ownership patterns. It's important to understand that cryptocurrency ownership is decentralized and pseudonymous, so tracking it accurately is a complex task for any platform. Finviz's analysis can provide valuable insights, but it's always advisable to do your own research and exercise caution when making investment decisions.
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