wick · pulsechain · since dec 2024
Every WICK in existence, coloured by how long its current owner has held that particular WICK. Not how long the wallet has existed. Not when it last did something. Reconstructed from all — transfers since deploy, oldest coin out first.
Each band is the share of supply held for that long — the light band is freshly moved coin, the darkest is held over a year.
Touch and drag across the chart to read any week.
Same weeks, same width — a burn or liquidity add here shows its flare in the young band directly above.
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Bitcoin's HODL waves are easy in one specific sense: every coin sits in a UTXO that records exactly when it last moved. The chart reads that off the chain.
A token like WICK has no such thing. An address has one balance and no record of when any part of it arrived. The usual shortcut is to age a wallet by its last activity — which is wrong in a way that matters: a wallet that has held for a year, then receives a single token, drops to "one day old" for its entire balance. Every long-term holder who tops up looks like a new buyer.
So this doesn't do that. It replays every transfer and keeps lots: each time an address receives, that opens a parcel stamped with the date. Each time it sends, the oldest parcel goes first. Top up and your old coins stay old. Sell and you sell your earliest ones. What comes out the other side is a real age distribution of supply.
Every Transfer event from deploy block 22,292,514 to now.
The book rebuilt week by week across the token's whole life.
Share of holder supply that has not moved in twelve months.
A reconstruction is only worth something if it can be checked against a number nobody involved could bend. This one has an obvious candidate: burnt supply.
The model treats a burn as one more transfer; it never reads a balance. It only tracks parcels in and out. But because it accounts for every unit, whatever the model says is still alive can be subtracted from nominal supply — and the remainder must be what was burnt. That figure is published independently, computed from the chain by a different system that knows nothing about this one.
| Nominal total supply | 11,111,111 WICK |
| Live supply, per this model's parcels | — |
| Therefore burnt | — |
| Burnt per the token contract, balanceOf(0x…dEaD) | — |
| Supply the model invented from nowhere | 0 WICK |
Two derivations that share no code agreeing to four significant figures, and a ledger that balances to zero. That is the whole argument for trusting the colours above.
Coins age. Untouched supply migrates from the light bands into the dark ones over time — that drift is conviction, drawn.
A sudden light band at the top is supply changing hands. Distribution, a listing, a farm unlocking, or people leaving.
"All supply" includes contracts — pools, farms, routers. Their balance is liquidity, not conviction, so "holders" excludes them.
An ordered colour ramp only carries so many steps before neighbours stop being distinguishable. Six passed that test; eight did not.