Supply Held by Crab (10-100 ICP)

Supply Held by Crab (10–100 ICP) measures the total amount of ICP collectively held by all addresses with balances between 10 and 100 ICP. This range represents the point where balances begin moving beyond minimal or residual levels and into early meaningful holdings. Addresses in this tier often include small retail participants, early-stage users accumulating initial exposure, and wallets used for modest operational activity on the network.

How it’s calculated

All addresses with at least 10 ICP but less than 100 ICP are aggregated, and their balances are summed into a single value. Each address is counted once, regardless of how frequently it transacts or whether it is actively used.

What this metric highlights

This metric marks the transition from micro balances to balances with early economic relevance, helping illustrate how supply begins to distribute among smaller but engaged participants:

• Increasing supply held: May point to a gradual accumulation trend among smaller holders or a shift of funds upward from micro tiers.
• Stable supply held: Suggests a consistent presence of modest-value participants without major inflows or outflows.
• Declining supply held: Could signal that holders are moving funds into higher tiers, consolidating balances, or withdrawing.

Limitations

As with other tiers, this metric is most informative when its constraints are understood:

• Not economically decisive: The tier’s combined supply is small relative to higher ranges.
• Uncertain address identity: Crab wallets may belong to individuals, services, automated accounts, or application infrastructure.
• No directional conclusion: Movement in or out of this range does not inherently indicate buying, selling, sentiment change, or active participation.

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