⛓️Correlation

command: /correlation

Analyze the holders of a scanned token by identifying significant correlations. This command reveals which other tokens share a similar holder base with the scanned token.

Holder Selection & Filtering Criteria

Scope of Analysis

• Focuses on the top 100 individual holders of the target token, excluding the deployer wallet, and liquidity pools. For each holder, their top 5 tokens by dollar value are included in the correlation analysis.

Excluded Tokens in Cross-Holdings

• When analyzing other tokens held by these wallets, the following are excluded to avoid skewed correlation:

  • The target token itself

  • Wrapped SOL (wSOL)

  • USDC

  • USDT

These are omitted due to their near-universal presence in wallets.