Held tokens in addresses ≥ X (tokens)

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

Held tokens in addresses ≥ X (tokens) represent the total cryptocurrency held by addresses with at least X native units, capturing supply distribution among holders of different sizes. The default value is X = 1 token, but users can select from multiple thresholds ,including 0.001, 0.01, 0.1, 1, 10, 100, 1K, 10K, 100K, and 1M tokens to analyze supply concentration across different holder tiers.

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

This metric reveals token distribution breadth, indicating retail participation versus whale dominance. At the default 1 token threshold, it shows supply held by minimally invested participants, excluding trivial dust. Lower thresholds (0.001-0.1) include the smallest holders, revealing supply fragmentation. Mid-range thresholds (10-1K) show engaged retail investors. Higher thresholds (10K-1M+) show only large holders and whales. Significant supply only at high thresholds signals concentration. Traders compare supply across thresholds to assess organic distribution among smaller investors versus large holder dominance.

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

Held tokens in addresses ≥ X (tokens) is calculated by summing balances from addresses where balance ≥ X native units. Users can adjust the X parameter in the indicator settings to analyze supply distribution across different holder size categories.