Definition. Relative Address Supply Distribution reports the share of circulating supply held by addresses falling within each balance band.

Technical. Every on-chain address is binned by its native-unit balance, and the metric reports the share of total supply controlled by each band.

This is the Point-in-Time (PiT) variant of Address Supply Distribution. PiT metrics are strictly append-only and their history is immutable. The historic data does not necessarily reflect the best current knowledge, but the information at the time when a data point was first computed. PiT metrics are ideal candidates for applications in model backtesting and related quantitative purposes. Read our article on PiT metrics for more information.