Treasury Relative Balances (Companies) shows the holdings of institutional holders, market makers, and corporate entities with crypto investments relative to the asset's total supply. This metric displays individual company holdings as a proportion of total supply, allowing you to track corporate market concentration. The "other" category includes non-whitelisted entities. Note that the numbers are not derived by directly tracking wallets, but rather are aggregated from publicly available reports.

This metric is based on raw data provided by CoinGecko.