Average ROI by initial-circulating-supply bucket across T+1, T+7 and T+30; outliers are highlighted in blue
Upbit| ICS Bucket | T+1 | T+7 | T+30 |
|---|---|---|---|
| 0-10% | — | — | — |
| 10-25% | -4.4%n=77 | -16.5%n=76 | -32.1%n=74 |
| 25-50% | -4.1%n=35 | -2.2%n=35 | -14.1%n=35 |
| 50-100% | -5.6%n=47 | -4.9%n=47 | -16.0%n=44 |
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