The Holders Tab helps you analyze wallet holding trends for a token. It provides insights into holder behavior, supply distribution, and wallet sizes. These metrics help you gauge the health of a token's holder base.
1. Size Distribution
This section categorizes wallets by their holdings, Whale being biggest wallet and Shrimp smallest (Whale, Shark, Dolphin, Fish, Octopus, Crab, Shrimp).
Good Example:
Whale (0.00%): 0
Shark (0.00%): 0
Dolphin (0.02%): 13
Fish (0.06%): 42
Octopus (0.13%): 195
Crab (1.4%): 818
Shrimp (98.07%): 5,438
Interpretation: A high number of smaller holders (e.g., 5,438 Shrimp) and fewer large holders (0 Whales) indicate a broad, decentralized holder base, which is generally healthy.
Bad Example:
Whale (0.00%): 2
Shark (0.00%): 2
Dolphin (0.02%): 18
Fish (0.06%): 28
Octopus (0.13%): 114
Crab (1.4%): 675
Shrimp (98.2%): 11,308
Interpretation: The presence of Whales (2) and Sharks (2), alongside a large number of Shrimp (11,308), suggests some concentration among large holders, which could pose a risk if they decide to sell.
2. Holders Acquisition
This section shows how holders acquired their tokens, based on their first interaction (Swap, Transfer, Airdrop).
Good Example:
Swap: 92.47%
Transfer: 4.38%
Airdrop: 3.15%
Interpretation: A high percentage of holders acquiring tokens via Swap (92.47%) indicates organic buying interest through exchanges, a positive sign of demand.
Bad Example:
Swap: 0.63%
Transfer: 6.29%
Airdrop: 93.08%
Interpretation: A dominance of Airdrop acquisitions (93.08%) suggests many holders received tokens for free, which may lead to selling pressure as they cash out, a potential red flag.
3. Holders Trend
This section tracks the change in the number of holders over different timeframes (5 minutes, 1 hour, 6 hours, 24 hours).
Good Example:
5M: 0 (0.00%)
1H: +1 (0.00%)
6H: +30 (0.00%)
24H: +104 (0.27%)
Interpretation: A steady increase in holders, especially over 24 hours (+104), suggests growing interest and adoption, which is a positive sign.
Bad Example:
5M: -19 (0.00%)
1H: -63 (0.01%)
6H: -143 (0.03%)
24H: -305 (0.06%)
Interpretation: A consistent decrease in holders, particularly -305 in 24 hours, indicates potential selling pressure or loss of confidence, which is concerning.
4. Supply Distribution
This section shows the percentage of the total token supply held by the top wallets (Top 10, 25, 50, 100, 250, 500).
Good Example:
Top 10: 14%
Top 25: 28%
Top 50: 43%
Top 100: 61%
Top 250: 83%
Top 500: 94%
Interpretation: A more distributed supply (e.g., Top 10 holding only 14%) suggests less centralization, reducing the risk of price manipulation by a few large holders.
Bad Example:
Top 10: 81%
Top 25: 87%
Top 50: 91%
Top 100: 95%
Top 250: 99%
Top 500: 100%
Interpretation: A highly concentrated supply (e.g., Top 10 holding 81%) indicates centralization, which can lead to volatility if large holders sell off their tokens.
Key Takeaways
Good Trends: Increasing holders, decentralized supply, diverse wallet sizes with more small holders, and organic distribution (via swaps) are signs of a healthy token ecosystem.
Bad Trends: Decreasing holders, concentrated supply, high presence of large holders (Whales/Sharks), and heavy reliance on airdrops can indicate risks like centralization or selling pressure.
Save the Holders Cheat Sheet below to quickly assess whether a token's holder base is trending positively or negatively, helping you make informed decisions.
