Definition. This chart presents the total ETH supply held by the Crab Cohort [Address Balance 1–10 ETH], and its 30-day net position change, alongside price. The traces are:

• 🟠 Total balance held by Crab Cohort (line)
• 🟥 30-day net position change of Crab Balance (columns)

Technical. The cohort balance is the 1–10 ETH address balance band:

• Crab Supply = Supply(1-10 ETH)
• Net Position Change = diff(Crab Supply, 30)

This metric includes Externally Owned Addresses (EOAs) only (which includes exchanges, ETF products etc); smart contracts are excluded.

Interpretation. Crabs capture committed retail holders — addresses large enough to represent meaningful personal positions but well below institutional scale. Sustained growth in the cohort's balance reflects steady retail accumulation and wealth migrating up from the shrimp band, while stretches of negative net position change flag retail distribution or consolidation into larger holdings. Retail-scale cohorts have historically shown counter-cyclical accumulation behavior, absorbing supply during drawdowns; comparing this cohort's behavior against the larger fish and whale bands helps distinguish broad-based accumulation from concentration in few hands.

Notes. Built from Supply Held by Addresses with Balance 1–10. The address count of the same cohort is charted in Crab Address Count; neighboring cohorts are Shrimp and Fish Net Position Change.