> For the complete documentation index, see [llms.txt](https://docs.tachyo.ai/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.tachyo.ai/concepts/smart-money.md). # Smart money, holders, community Most of the confusion people bring to a token page comes from collapsing four different groups into one word. Tachyo keeps them apart on purpose. ## The four populations **Holders: who owns it now.** The current census: every wallet holding the token at the last recompute, with its tier. This is a snapshot of ownership, not activity. A holder may have bought yesterday or six months ago. **Smart-money buyers: who traded it recently.** Scored wallets that bought or sold in the tracked feed, broken down by tier. This is flow, not ownership. A token can have strong recent smart-money buying and a weak holder base, and that combination means something very different from the reverse. **The FOMO community: who is talking and positioning on the platform side.** Wallets and users from the FOMO ecosystem, including the theses they publish about a token. This is the qualitative layer: someone described a position, not just clicked one. **KOLs: who is naming it publicly.** Public figures and the wallets mapped to them. Their activity is tracked separately, because what someone says and what their wallet does are two different data points, and the gap between them is the signal. {% hint style="info" %} **Smart-money holders and smart-money buyers are different counts and they will not match.** One is the current census, the other is recent flow. If they disagree, that is information: buyers without holders means people are trading through it; holders without buyers means the position is old and quiet. {% endhint %} ## Reading the mix The tier composition of the holder base is the fastest read on a token: * **S and A present, C thin**: the token is held by wallets with a record. The question becomes when they got in, which the [token page](/platform/token-page.md) answers with first-buy data. * **Mostly B**: positive track records without the consistency that earns an A. Not the crowd, but not the top either. Read it as a weaker version of the same signal rather than its opposite: competent money is here, the strongest wallets are not. * **Mostly C**: the crowd is holding it. That is the classic exit-liquidity shape. * **Mostly unrated**: nobody here has a measurable track record. Common on very new tokens; read it as unknown, not as bad. See [Wallet tiers](/concepts/wallet-tiers.md). * **Small S count, huge holder count**: a handful of good wallets in a crowded token. Their entry price matters more than their presence. ## Buy and sell pressure Where the product shows buy/sell pressure, it is **from tracked wallets**: arrows up for buys, down for sells. Buys well above sells is accumulation; the reverse is distribution. The same caution applies as everywhere else: this is our tracked population's flow, not the whole market's. A token can be quiet in our feed and busy on the open market, which is why volume from tracked wallets is labelled as ours and never presented as market volume. ## Why the mapping layer exists Thousands of anonymous wallets are linked to the real names behind them, not from a public registry, because there is none, but from behaviour: who buys next to whom, how funds move, patterns that give identity away. No wallet is pinned to a name on a guess; two people confirm it independently before it counts. This is what makes "a known wallet received an allocation days before it was ever mentioned publicly" a thing Tachyo can see at all. The receiving is the alpha. The tweet is the echo. {% hint style="warning" %} Tachyo does not publish anyone's private wallet address. The product is the signal and the quality read, not burning a person by name. See [What we refuse to do](/under-the-hood/what-we-dont-do.md). {% endhint %} ## The uncomfortable one Measured across our backtest, **peak KOL chatter on a token is closer to a sell signal than a buy one**: the week after the noise peaks averages slightly negative. Following a loud call is, on average, buying the local top. The edge is not in the call. It is in knowing whether the person making it is adding to their own bag or quietly selling it to you, which is exactly what the KOL activity view on the token page is for. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. 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