Ordinary wallet
An externally owned address may represent one person, a team treasury or automated custody. Control needs evidence beyond address type.
MONSTA HOLDER CONCENTRATION CALCULATOR.
Measure top-one, top-five and top-ten MONSTA concentration from a pasted balance set while keeping contracts and related wallets explicit.
Holder distribution model
Runs in this browser. No wallet, account, signature or transaction.
How Holder distribution model works
Paste one holder balance per line and enter the supply denominator appropriate to the question. The calculator sorts balances, reports top-one, top-five and top-ten shares, and sums squared listed-holder percentages as an HHI lower bound. It cannot determine beneficial ownership or automatically exclude pools, bridges and protocol contracts. Read the holder-concentration guide to inspect the documented rule and its evidence boundary in more detail.
Holder distribution model equation
top-N share = sum of N largest entered balances ÷ eligible supply; listed-holder HHI lower bound = Σ(balance ÷ supply × 100)²Holder distribution model example
If the five largest entered balances sum to 2 billion against an 8 billion eligible supply, the top-five share is 25%. The HHI result remains a lower bound when smaller unlisted holders are omitted. Review MONSTA supply definitions before treating the modeled output as present contract behavior.
Distribution lens
Top-N share
How much of the declared supply sits in the largest entered balances.
Coverage
How much eligible supply the pasted list actually represents.
HHI lower bound
Squared shares for listed addresses only.
ADDRESS SIZE IS NOT
OWNER IDENTITY.
The calculator measures visible address distribution. Interpreting that distribution requires classifying contracts, custody and potentially related wallets without pretending the address list reveals beneficial owners.
Liquidity pair
A large pair balance supports trading and represents pool accounting. Treating it as one holder can overstate discretionary concentration.
Protocol contract
Vault, staking or distribution contracts can aggregate user or protocol assets. Their permissions determine who can move balances.
Burn destination
An irrecoverable balance affects supply analysis differently from a spendable holder. Verify that recovery is technically impossible before excluding it.
Choose the denominator before ranking
Top-holder percentages are fractions, so their meaning changes with the denominator. Total supply answers “what fraction of issued tokens?” Circulating supply attempts to answer “what fraction of tokens considered available?” An eligible holder supply may exclude defined contracts for a particular governance or claim analysis.
Publish the denominator value, definition, block and excluded addresses beside every result. Without that record, a top-ten percentage cannot be reproduced and comparisons across dates may measure different populations.
FROM HOLDER TABLE
TO RISK INTERPRETATION.
- 01
Export one-block balances
Do not mix holder values observed at different times. Preserve raw balances and token decimals.
- 02
Label known contracts
Identify pair, proxy, vault, bridge, staking, burn and exchange custody addresses from code and transaction evidence.
- 03
Calculate before clustering
Report address-level concentration first. Any ownership-cluster result should be a separate version with documented grouping evidence.
- 04
Compare dated snapshots
A falling top-ten share can mean distribution, custody migration or pool movement. Inspect the underlying transfers before assigning intent.
Pair excluded
Top shares can riseA smaller denominator may outweigh removal of one large contract balance.
More holders entered
HHI bound risesEvery valid omitted share contributes a positive squared value.
Related wallets merged
Concentration risesSquaring a combined share produces a larger term, but only justified clustering is defensible.
Continue with distribution evidence
The concentration guide covers address classification, while the tokenomics guide defines supply figures that can serve as denominators.
MONSTA HOLDER CONCENTRATION CALCULATOR FAQ.
Answers about holder distribution model, its inputs and the evidence limits specific to this result.
01What supply should be used as the denominator?
Use the supply that matches the research question and document every exclusion. Total supply, circulating supply and eligible holder supply can produce materially different percentages.
02Should the liquidity pool count as one holder?
Keep it visible, but classify it separately. A pair contract's balance represents pooled liquidity and is not equivalent to one ordinary wallet's discretionary holdings.
03Why is the HHI described as a lower bound?
The tool squares shares only for entered balances. Omitted holders still contribute positive squared shares, so a partial list cannot establish the complete index.
04Can this identify related wallets?
No. Address clustering requires transaction, funding and control evidence. Similar timing or transfer patterns are leads, not proof of common ownership.
05Does concentration prove manipulation?
No. It measures distribution risk. Intent and market behavior require separate evidence, while custody and contract addresses may explain some large balances.
NEXT CHECKS FOR
HOLDER DISTRIBUTION MODEL.
Continue from holder distribution model with the three adjacent checks most relevant to its assumptions and unresolved evidence.
What the MONSTA Holder Concentration Calculator proves - And what it cannot
Read these relationships alongside the documented assumptions for holder distribution model. Together, the MONSTA Holder Concentration Calculator relationships identify what its result measures and which evidence remains unresolved.
The holder concentration calculator
sortsmanually supplied MONSTA balances
Top-holder share
depends onthe declared eligible supply denominator
A partial balance list
producesan HHI lower bound rather than a complete index