Supply Held by Shrimp (1-10 ICP)

Supply Held by Shrimp (1–10 ICP) measures the total amount of ICP collectively held by all addresses with balances between 1 and 10 ICP. This tier represents small holders with slightly more balance than micro/residual wallets, often corresponding to early participants, low-value retail users, and operational accounts used for limited activity. While still modest in scale, this group reflects the first meaningful layer of user-level balance distribution beyond dust amounts.

How it’s calculated

All addresses with balances of at least 1 ICP and less than 10 ICP are aggregated, and their combined holdings are summed. Each address is included once based on current balance, regardless of age, transaction history, or usage patterns. The output shows the total ICP stored within this balance range across the network.

What this metric highlights

This metric provides an early look at how supply begins to disperse beyond micro amounts:

• Increasing supply held: May reflect growing onboarding of small users, buildup of low-value balances over time, or distribution effects from transactions and transfers.
• Stable supply held: Indicates continuity in the structure of early retail or low-value operational participation.
• Declining supply held: Could result from balances consolidating into higher tiers or the clearing of low-value holdings.

Limitations

Like all tier-based supply metrics, this one should be understood within its boundaries:

• Limited financial influence: Shrimp holdings carry minimal market impact compared to mid-sized or large holders.
• Activity not guaranteed: Addresses may be inactive, rarely transacting, or used only for minor operations.
• No directional meaning: An increase or decrease in this tier does not inherently indicate accumulation or exit — only redistribution across 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.