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Ordinal Tortoises collection artwork
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Ordinal Tortoises

547 inscriptions·Collection verified in curated registry

Indexed at Bitcoin block 960,956

View on ord.net ↗

Data served from Supabase

Observable on-chain distribution

Distribution health

Concentrated

28/ 100
More concentratedMore distributed

Provisional · 1 day of history · 1 observation

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

28.4 / 100

100.0% of final score
Gini coefficientCurrent value: 0.574 · Lower is better

Measures inequality across holding addresses. A lower value indicates a more even distribution.

Sub-score37.9 / 100Weight30.0%Points11.4 / 30.0
Top 1% supplyCurrent value: 44.42% · Lower is better

Measures the share of circulating supply held by the largest 1% of holding addresses.

Sub-score22.4 / 100Weight20.0%Points4.5 / 20.0
Largest holderCurrent value: 32.18% · Lower is better

Measures the circulating-supply share held by the single largest observable address.

Sub-score15.9 / 100Weight20.0%Points3.2 / 20.0
Ownership evennessCurrent value: 4% · Higher is better

Compares effective holders derived from HHI with the total number of holding addresses.

Sub-score15.0 / 100Weight15.0%Points2.3 / 15.0
Holder densityCurrent value: 38.76% · Higher is better

Compares holding addresses with circulating supply. Higher density indicates broader address participation.

Sub-score52.3 / 100Weight7.5%Points3.9 / 7.5
Single-holder supplyCurrent value: 28.88% · Higher is better

Measures the share of circulating supply held by addresses containing exactly one inscription.

Sub-score41.8 / 100Weight7.5%Points3.1 / 7.5

30-day trend

Not included yet

0.0% of final score

At least 14 calendar days and six valid daily observations are required before trend is included. From 14 to 29 days it weighs 15%; from 30 days onward it weighs 25%.

Current structure28.4 × 100.0%
Trend × 0.0%
Final Distribution health28 / 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

snapshot

547

0 unavailable

Holding addresses

snapshot

212

Across 547 circulating inscriptions

Single holders

snapshot

74.53%

Of holding addresses

Average holding

snapshot

2.58

Median holding: 1

Largest holder

snapshot

32.18%

176 inscriptions held

Single-holder supply

snapshot

28.88%

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

snapshot

4.0%

8 effective holders across 212 addresses

Effective holders

snapshot

8

Concentration-adjusted holder count

Gini coefficient

snapshot

0.574

0 means equal · 1 means highly concentrated

Top 1% supply

snapshot

44.42%

3 largest addresses

Top 5% supply

snapshot

51.37%

11 largest addresses

Top 10% supply

snapshot

57.77%

22 largest addresses

Whale-tier supply

snapshot

100.00%

212 addresses each hold at least 0.1% of supply

Multi-holder supply

snapshot

71.12%

Supply held by addresses owning two or more pieces

Largest holder multiple

snapshot

68.2×

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
74.53%
28.88%
2pieces per address
10.85%
8.41%
3-5pieces per address
12.26%
16.09%
6-10pieces per address
1.42%
3.47%
11-25pieces per address
0%
0%
26-50pieces per address
0%
0%
51+pieces per address
0.94%
43.14%

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% supply19.38%Supply held by the least-funded half of addresses.
Holders controlling 50%4.72%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 holding4Top 5% threshold
P99 holding7Top 1% threshold

Fixed-address concentration

Supply held by the largest fixed number of addresses

Top 10 addresses

277 inscriptions
50.64%

Top 25 addresses

325 inscriptions
59.41%

Top 100 addresses

435 inscriptions
79.52%

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
525546.62%
large0.5%–1% of supply
268816.09%
whale0.1%–0.5% of supply
18120437.29%
regular< 0.1% of supply
000%

Evolution · Daily snapshots

Ownership history

01 → 02

More daily snapshots are needed

ORDstats activates each chart period as soon as sufficient historical observations are available. No historical value is 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.