Holder concentration
What share of the supply sits in the largest wallets. The higher it is, the more the price depends on a few people's decisions.
How to measure it correctly
The largest “holders” are often liquidity pools, bonding curves, burn addresses and exchange contracts. They must be excluded, otherwise the number is scary and meaningless. Look separately at the creator's share and whether they are selling.
What it looks like in practice
Rules of thumb: if the top 10 excluding pools hold over 50%, the price is very sensitive to their sells. A creator share above 5–10% and creator sells in the first hours are among the most reliable warning signs.
How QUVR Pulse checks it
QUVR Pulse shows the top 1/5/10/20 share without pools, curves and burn addresses, the creator's share, their buys and sells, and mass token distributions.
FAQ
Is high concentration always bad?
Not always: a very young token almost always has few holders. But it means the price is in the hands of a few wallets, and that has to be taken into account.