Supply Held by Shark (5k-10k ICP)

Supply Held by Shark (5,000–10,000 ICP) measures the total amount of ICP held by addresses with balances between 5,000 and 10,000 ICP. This tier represents the segment where holdings transition from larger retail allocations into what may resemble small professional, early strategic, or higher-value private positions. Addresses in this range may belong to experienced retail participants, semi-professional managers, or organized entities holding a meaningful allocation.

How it’s calculated

All addresses with at least 5,000 ICP and less than 10,000 ICP are identified, and their combined balances are aggregated. Each address is included once based on current balance, without assumptions about identity, intent, or transaction behavior.

What this metric highlights

This tier operates as a midpoint between structured retail participation and early institutional scale, providing insight into how supply progresses into more significant concentrations:

• Increasing supply held may point to upward migration from the lower ranges or a buildup of medium-sized strategic positions.
• Stable supply held can reflect continuity among higher-value private holders or steady operational allocations.
• Declining supply held may suggest consolidation into higher tier balances, address restructuring, or distribution.

Limitations

To maintain neutrality, several boundaries apply to interpretation:

• Ownership is not defined: Addresses could belong to individuals, custodial solutions, OTC-desks, exchange infrastructure, DAOs, or automated systems.
• No directional guarantee: Redistribution into or out of this tier does not imply accumulation, exit, growth, or sentiment change.
• Activity not implied: These balances may be long-term storage, dormant reserves, or low-frequency strategic holdings.

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.