Delia Capital X post " ICP 78.11% of the supply is concentrated in the hands of 0.12% of holders "

Thanks to @delia for putting this information together. It’s useful to help understand the distribution of ICP across wallets and direction it’s heading. A few pieces of context I’d like to add into the conversation:

Of the 395M mentioned above:

  • At least 59.1M are held by exchange hot and cold wallets. These wallets are obviously custodial for ICP owned by many, many people.
  • ~56M are liquid tokens owned by DFINITY (easy to calculate using the circulating supply definition)
  • 29.2M are DFINITY neurons staked for 8 years
  • 10.5M are ICA neurons staked for 8 years

Those figures above represent about 37% of the 395M.

For reference, internally we use 2 ICP to represent a “meaningful wallet”. As of 08FEB24, there were 105,095 meaningful wallets.

I get a slightly different number of wallets with balances >= 100k ICP… I get 774 wallets as of this morning.

4 Likes