The transparency of Bitcoin goes a long way in determining the price of the digital currency, as much of the market movement can be put down to where the money is moving. However, it is a lot harder to figure out to whom the money is moving.
Financial markets are determined by supply and demand factors, as well as information on who owns an asset and who wants to buy that asset. This of course relies on market transparency, as traders and insiders watch what hedge funds and pension funds are doing with their equity holdings.
Bitcoin is obviously slightly different as the digital currency is transparent - but anonymous.
Read More Here: https://cointelegraph.com/news/who-owns-bitcoin-universe-from-satoshi-nakamoto-to-winklevoss-twins-and-more
