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Bitcoin Bear Cubs collection artwork
Snapshot captured · 26 Jul 2026, 01:06:53 UTC

Bitcoin Bear Cubs

10,000 inscriptions·Collection verified in curated registry

Indexed at Bitcoin block 959,625

View on ord.net ↗

Data served from Supabase

Holding addresses

snapshot

3,890

Across 10,000 circulating inscriptions

Single holders

snapshot

64.6%

2,513 addresses hold one piece

Average holding

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2.57

Median holding: 1

Largest holder

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3.36%

336 inscriptions held

Single-holder supply

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25.13%

2,513 inscriptions held by one-piece addresses

Circulating supply

snapshot

10,000

0 unavailable

Ownership · Advanced snapshot

Ownership intelligence

Distribution metrics designed to reveal how evenly the circulating supply is held across Bitcoin addresses.

Ownership evenness

snapshot

10.1%

392 effective holders across 3,890 addresses

Effective holders

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392

Concentration-adjusted holder count

Gini coefficient

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0.528

0 means equal · 1 means highly concentrated

Top 1% supply

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21.08%

39 largest addresses

Top 5% supply

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39.1%

195 largest addresses

Top 10% supply

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49.97%

389 largest addresses

Whale-tier supply

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34.78%

144 addresses each hold at least 0.1% of supply

Multi-holder supply

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74.87%

Supply held by addresses owning two or more pieces

Largest holder multiple

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130.7×

Largest balance relative to average holding

How to read these metrics

Nine advanced ownership metrics calculated from the current address distribution.

Ownership evenness

Effective holders divided by observed holding addresses. A value of 100% means that every holding address owns exactly the same number of inscriptions.

Effective holders

The number of equally weighted holders that would produce the same concentration as the observed distribution. It is calculated as the inverse of the Herfindahl–Hirschman Index.

Gini coefficient

Measures inequality across holding addresses. A value of 0 represents equal holdings, while a value approaching 1 represents extreme concentration.

Top 1% supply

Share of circulating supply held by the largest 1% of observed holding addresses.

Top 5% supply

Share of circulating supply held by the largest 5% of observed holding addresses.

Top 10% supply

Share of circulating supply held by the largest 10% of observed holding addresses.

Whale-tier supply

Combined share of supply held by addresses that each control at least 0.1% of the circulating collection.

Multi-holder supply

Share of circulating supply held by addresses owning two or more inscriptions from the collection.

Largest holder multiple

Largest address balance divided by the average holding. A value of 10× means that the largest address holds ten times the collection-wide average balance.

Top 1%, Top 5% and Top 10% are nested groups and should not be added together.

Bitcoin addresses are not the same as individual collectors. One person may control several addresses, while one address may represent a marketplace, custodian, shared wallet or organization.

Holder size versus supply

Address share compared with the share of inscriptions controlled

AddressesSupply
1pieces per address
64.6%
25.13%
2pieces per address
15.09%
11.74%
3-5pieces per address
12.9%
18.13%
6-10pieces per address
4.42%
13.02%
11-25pieces per address
2.19%
12.72%
26-50pieces per address
0.44%
6.31%
51+pieces per address
0.36%
12.95%

Lorenz curve

Cumulative holders versus cumulative supply

The curve compares the cumulative share of holding addresses with the cumulative share of supply. The further it sits below the equality line, the more concentrated ownership is.

Cumulative supplyCumulative addresses
Gini0.528
Effective holders392

Holding thresholds and whale tiers

Holder-balance percentiles and supply-based wallet categories

P90 is the minimum balance held by approximately the top 10% of addresses, P95 by the top 5%, and P99 by the top 1%.

P90 holding4Top 10% threshold
P95 holding8Top 5% threshold
P99 holding22Top 1% threshold

Fixed-address concentration

Supply held by the largest fixed number of addresses

Top 10 addresses

1,078 inscriptions
10.78%

Top 25 addresses

1,752 inscriptions
17.52%

Top 100 addresses

3,022 inscriptions
30.22%

Whale tiers group addresses according to the percentage of circulating supply they control. They describe address size only and do not identify the person or organization behind an address.

TierAddressesInscriptionsSupply
mega≥ 1% of supply
35445.44%
large0.5%–1% of supply
128018.01%
whale0.1%–0.5% of supply
1292,13321.33%
regular< 0.1% of supply
3,7466,52265.22%

Evolution · Daily snapshots

Ownership history

Large figures show metric variations over the selected period. Smaller values show baseline → current.

Holding addresses-3,8903,890
Ownership evenness-10.1%10.1%
Effective holders-392392
Gini coefficient-0.5280.528
Largest holder-3.36%3.36%
Top 1% supply-21.08%21.08%
Single-holder supply-25.13%25.13%
Average holding-2.572.57
Holding addresses3,890
-
25 Jul26 Jul
Effective holders392
-
25 Jul26 Jul
Gini coefficient0.528
-
25 Jul26 Jul
Top 1% supply21.08%
-
25 Jul26 Jul

Lines connect recorded daily observations only. Missing dates are not interpolated or estimated.

Ownership values come from an on-chain snapshot generated with a local ord index and published to Supabase. An address does not necessarily represent one individual owner. No investment conclusion should be drawn from these metrics.