One of the major problems in the crypto space is the false information of circulating available on exchanges.
When we dig deeper you can find a lot of the tokens marked as circulating are actually held by teams which are inaccessible for prolonged periods of time or completely lost.
It is reported that 3.79 million Bitcoin is lost and large percentages of the bitcoin remaining have been locked up in wallets. Grey mass currently holds 1% of all bitcoin in circulation. (Approximately 203,000)
20% of all Ethereum is currently held by some heavy-handed investors with them increasing their holdings over the bear market.
48% of all EOS is currently staked on the EOS network with the cool down period being 3 days before you are unable to stake your tokens. Most of these tokens will never be un-staked as they provide the bandwidth and ram for the block producers on the network.
Stellar Lumens currently hold 80 Billion of there own token, With only 19 Billion in circulating supply, not the 104B stated on coinmarketcap. But seriously why are they holding 80 Billion?
The same applies to Tron with 33 billion Tron tokens being held by the Tron Foundation they are locked up till 31st January 2020 with Justin Sun also holding so much of the TRX supply these tokens are not in circulation.
If the tracking websites took into account how much circulating supply their actually is for each token instead of the max supply there would be totally different numbers floating around.
I Can’t imagine this being very hard for websites that just focus on supplies everyone knows the wallet addresses for the big projects and we would be able to adjust the figures, The same applies to whale wallets.