Definition. The relative distribution of the circulating supply held by entities, broken down by balance band.

Technical. Exchange-labelled and miner-labelled entities are excluded from the band totals and treated as separate clusters.

Notes. This is the Point-in-Time (PiT) variant of Entities 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.