Gini coefficientCurrent value: 0.419 · Lower is better
Measures inequality across holding addresses. A lower value indicates a more even distribution.
Sub-score62.4 / 100Weight30.0%Points18.7 / 30.0
Snapshot captured ·
BTC Virus
9,991 inscriptions·Collection verified in curated registry
Indexed at Bitcoin block 966,136
View on ord.net ↗
Data served from Supabase
Observable on-chain distribution
Distribution health
Balanced
64/ 100
More concentratedMore distributed
47 days of history · 32 observations
Measures the observable on-chain distribution of the collection, not its quality, value or future performance.
More detailsHide details⌄
Methodology v1
How the score is calculated
The final score combines the current ownership structure with a 30-day trend when enough daily history is available.
Current structure
70.0 / 100
Top 1% supplyCurrent value: 15.78% · Lower is better
Measures the share of circulating supply held by the largest 1% of holding addresses.
Sub-score72.4 / 100Weight20.0%Points14.5 / 20.0
Largest holderCurrent value: 0.88% · Lower is better
Measures the circulating-supply share held by the single largest observable address.
Sub-score96.2 / 100Weight20.0%Points19.2 / 20.0
Ownership evennessCurrent value: 20.1% · Higher is better
Compares effective holders derived from HHI with the total number of holding addresses.
Sub-score55.1 / 100Weight15.0%Points8.3 / 15.0
Holder densityCurrent value: 53.63% · Higher is better
Compares holding addresses with circulating supply. Higher density indicates broader address participation.
Sub-score68.1 / 100Weight7.5%Points5.1 / 7.5
Single-holder supplyCurrent value: 41.54% · Higher is better
Measures the share of circulating supply held by addresses containing exactly one inscription.
Sub-score56.5 / 100Weight7.5%Points4.2 / 7.5
30-day trend
47.5 / 100
The median of the first three valid observations in the period is compared with the median of the latest three.
Gini coefficient0.415 → 0.419 · +0.0037 · Lower is improving
Tracks whether overall inequality across holding addresses is decreasing or increasing.
Sub-score42.6 / 100Weight25.0%Points10.7 / 25.0
Top 1% supply16.03% → 15.78% · -0.25 pt · Lower is improving
Tracks whether the largest 1% of holding addresses control a smaller or larger share of supply.
Sub-score52.5 / 100Weight20.0%Points10.5 / 20.0
Largest holder0.88% → 0.88% · 0.00 pt · Lower is improving
Tracks whether the largest observable address is gaining or losing supply share.
Sub-score50.0 / 100Weight20.0%Points10.0 / 20.0
Ownership evenness20.09% → 20.1% · +0.01 pt · Higher is improving
Tracks the effective-holder ratio derived from HHI relative to the number of holding addresses.
Sub-score50.1 / 100Weight15.0%Points7.5 / 15.0
Holding addresses5,402 → 5,358 · -0.81% · Higher is improving
Tracks the relative change in the number of addresses holding at least one circulating inscription.
Sub-score41.9 / 100Weight10.0%Points4.2 / 10.0
Single-holder supply41.97% → 41.54% · -0.43 pt · Higher is improving
Tracks the share of circulating supply held by addresses with exactly one inscription.
Sub-score45.7 / 100Weight10.0%Points4.6 / 10.0
Current structure70.0 × 75.0%
Trend47.5 × 25.0%
Final Distribution health64 / 100
Addresses do not necessarily represent individual owners. The score evaluates observable on-chain distribution only and should not be interpreted as investment advice.
Circulating supply
snapshot9,991
0 unavailable
Holding addresses
snapshot5,358
Across 9,991 circulating inscriptions
Single holders
snapshot77.45%
Of holding addresses
Average holding
snapshot1.86
Median holding: 1
Largest holder
snapshot0.88%
88 inscriptions held
Single-holder supply
snapshot41.54%
Of circulating supply
Ownership · Advanced snapshot
Ownership analytics
Distribution metrics designed to reveal how evenly the circulating supply is held across Bitcoin addresses.
Ownership evenness
snapshot20.1%
1,077 effective holders across 5,358 addresses
Effective holders
snapshot1,077
Concentration-adjusted holder count
Gini coefficient
snapshot0.419
0 means equal · 1 means highly concentrated
Top 1% supply
snapshot15.78%
54 largest addresses
Top 5% supply
snapshot33.25%
268 largest addresses
Top 10% supply
snapshot43.66%
536 largest addresses
Whale-tier supply
snapshot23.18%
118 addresses each hold at least 0.1% of supply
Multi-holder supply
snapshot58.46%
Supply held by addresses owning two or more pieces
Largest holder multiple
snapshot47.3×
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. A higher value indicates broader distribution; a lower value indicates greater concentration.
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
2pieces per address
3-5pieces per address
6-10pieces per address
11-25pieces per address
26-50pieces per address
51+pieces per address
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
Bottom 50% supply26.81%Supply held by the least-funded half of addresses.
Holders controlling 50%14.67%Smallest share of the largest addresses needed to hold at least 50% of supply.
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 holding3Top 10% threshold
P95 holding5Top 5% threshold
P99 holding14Top 1% threshold
Fixed-address concentration
Supply held by the largest fixed number of addresses
Top 10 addresses
631 inscriptions6.32%
Top 25 addresses
1,078 inscriptions10.79%
Top 100 addresses
2,136 inscriptions21.38%
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
000%large0.5%–1% of supply
74974.97%whale0.1%–0.5% of supply
1111,81918.21%regular< 0.1% of supply
5,2407,67576.82%Evolution · Daily snapshots
Ownership history
Distribution health
Daily Methodology v1 score · 0–100
64
BalancedNo daily change
1007550250
11 Aug20 Aug30 Aug9 Sept
Each point is recalculated with Methodology v1 using only data available on that date. Scores remain provisional until a complete 30-day trend window is available.
Holding addresses
11 Aug20 Aug30 Aug9 Sept
Single holders
11 Aug20 Aug30 Aug9 Sept
Average holding
11 Aug20 Aug30 Aug9 Sept
Effective holders
11 Aug20 Aug30 Aug9 Sept
Gini coefficient
11 Aug20 Aug30 Aug9 Sept
Top 1% supply
11 Aug20 Aug30 Aug9 Sept
Each graph uses its full calendar window. Empty space represents dates not yet observed; lines connect recorded observations only. Missing dates are not interpolated or estimated.
Snapshot dates use Europe/Paris local time (UTC+02 in summer, UTC+01 in winter).
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.