Cryp2Nova

Supply Distribution Shrimpcrabfish 30 Distribution Shrimpcrabfish 30

Bitcoin

This tracks the supply or count attributed to retail holders (small wallets).

Why it matters

It gauges the participation and behaviour of small, individual market participants.

How it is built

Addresses below a small-balance threshold are aggregated into a retail cohort over time.

What to watch

Rising retail supply can signal broadening adoption but, at cycle tops, often reflects late-stage FOMO.

Related metrics