Supply Held by Dolphin (1k-5k ICP)

Supply Held by Dolphin (1,000–5,000 ICP) measures the total amount of ICP held by addresses with balances between 1,000 and 5,000 ICP. This tier represents economically relevant retail positions and the beginning of what could be considered more structured participation. Wallets in this range often reflect holders with a deliberate allocation strategy, longer-term positioning, or operational and custody setups managing meaningful amounts of capital.

How it’s calculated

Addresses holding at least 1,000 ICP and less than 5,000 ICP are identified, and their balances are aggregated. Each address is counted once based on current balance, regardless of its age, activity, or interaction frequency.

What this metric highlights

This tier sits at the midpoint of the balance distribution structure, offering a view into how supply transitions from basic retail ranges into more strategic and economically meaningful segments:

• Increasing supply held may suggest upward migration from smaller tiers or the accumulation of moderately sized positions.
• Stable supply held could indicate a consistent retail base that is neither expanding nor exiting.
• Declining supply held may reflect movement toward higher tiers, address consolidation, or supply exiting the range.

Limitations

For accurate interpretation, the boundaries of the metric should be understood:

• Not identity-confirming: Addresses may belong to individuals, entities, automated custody, or infrastructure — categorization by balance does not imply profile.
• No guaranteed activity: Addresses in this range may be dormant, strategic storage, or infrequently used.
• Non-directional data: Movement into or out of this tier does not inherently indicate bullish or bearish sentiment, only redistribution across balance ranges.

Disclaimer: The information provided in the descriptions above is for informational and educational purposes only and is intended as a general overview of the referenced metrics. These descriptions are illustrative, descriptive, and non-exhaustive; additional interpretations, use cases, and limitations may exist that are not covered here. Nothing herein should be construed as financial, investment, legal, tax, or professional advice, nor should it be relied upon as the sole basis for any decision-making process. All users should conduct their own independent research, validate data through multiple sources, and consult with qualified professionals where appropriate. The content provided does not guarantee accuracy, completeness, or reliability, and no representation or warranty is made regarding its correctness. The metrics, interpretations, and examples mentioned are subject to change over time and may not reflect all possible scenarios or market conditions. By using this information, you acknowledge that you do so at your own discretion and responsibility. No advisory, fiduciary, or client relationship is created through the use or reading of this material.