Held tokens in addresses ≥ X (% of supply)

What is "Held tokens in addresses ≥ X (% of supply)"?

Held tokens in addresses ≥ X (% of supply) represents the total cryptocurrency held by addresses owning at least X percent of total supply, showing wealth concentration among the largest holders. The default value is X = 0.001%, but users can select from multiple thresholds, including 0.00000001%, 0.0000001%, 0.000001%, 0.00001%, 0.0001%, 0.001%, 0.01%, and 0.1% to analyze concentration across different whale tiers.

Why is "Held tokens in addresses ≥ X (% of supply)" important?

This metric is critical for assessing whale influence and centralization risk. At the default 0.001% threshold, it measures supply controlled by large holders capable of significant market impact. Lower thresholds (0.00001%-0.0001%) show total supply held by all meaningful participants, including smaller institutions and retail. Mid-range thresholds (0.001%-0.01%) focus on whale positions. Higher thresholds (0.1%+) show mega-whale dominance with extreme manipulation risk. High supply percentages at elevated thresholds signal dangerous centralization. Healthy distribution shows most supply only at low thresholds (many small holders) with minimal percentages at high thresholds (few mega-whales).

How is "Held tokens in addresses ≥ X (% of supply)" calculated?

Held tokens in addresses ≥ X (% of supply) is calculated by summing balances from addresses where balance ≥ (Current Supply × X/100). Users can adjust the X parameter in the indicator settings to analyze wealth concentration at different percentage thresholds.