CROWD: RED
Active holders jumped 246 to 315 recently. Ten years of our own data says fast institutional pile-ins mark late money, not early money. Careful chasing this.
Active holders
315
of 470 total, index funds excluded
This quarter
+136
66 out
Conviction
8 bps
median holder weight: token bet
Streak
5q
consecutive rising quarters
The crowd, 2016 to now
active holders per quarter
2016Mar 2026
Holdings as of Mar 31, 2026, filed by May 16, 2026. Counts for the newest quarter keep settling for a few weeks as amendments land.