Large Holder Distribution
Large holder distribution refers to the concentration of an asset among the top percentage of wallet addresses. This analysis often involves looking at the top 100 or 1000 wallets to determine what portion of the total supply they control.
A trend toward increased concentration among these holders can signal accumulation, while a trend toward dispersion may indicate distribution. It is a key metric for assessing the risk of market manipulation and the potential impact of major sell-offs.
By tracking the behavior of these large holders, investors can better understand the structural risks inherent in an asset's ownership profile.