diff --git a/CHANGELOG.md b/CHANGELOG.md
index da24792d19..85f3dcfc33 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -6,6 +6,7 @@
 ### Fixes
 
 ### Chore
+- [#5119](https://github.com/blockscout/blockscout/pull/5119) - Inventory controller refactoring
 - [#5118](https://github.com/blockscout/blockscout/pull/5118) - Fix top navigation template
 
 
diff --git a/apps/block_scout_web/lib/block_scout_web/controllers/tokens/inventory_controller.ex b/apps/block_scout_web/lib/block_scout_web/controllers/tokens/inventory_controller.ex
index fe356ff9ff..5129856a18 100644
--- a/apps/block_scout_web/lib/block_scout_web/controllers/tokens/inventory_controller.ex
+++ b/apps/block_scout_web/lib/block_scout_web/controllers/tokens/inventory_controller.ex
@@ -1,10 +1,10 @@
 defmodule BlockScoutWeb.Tokens.InventoryController do
   use BlockScoutWeb, :controller
 
-  alias BlockScoutWeb.{AccessHelpers, Controller}
-  alias BlockScoutWeb.Tokens.InventoryView
-  alias Explorer.{Chain, Market}
-  alias Explorer.Chain.{Address, TokenTransfer}
+  alias BlockScoutWeb.AccessHelpers
+  alias BlockScoutWeb.Tokens.{HolderController, InventoryView}
+  alias Explorer.Chain
+  alias Explorer.Chain.TokenTransfer
   alias Phoenix.View
 
   import BlockScoutWeb.Chain, only: [split_list_by_page: 1, default_paging_options: 0]
@@ -66,29 +66,8 @@ defmodule BlockScoutWeb.Tokens.InventoryController do
     end
   end
 
-  def index(conn, %{"token_id" => address_hash_string} = params) do
-    options = [necessity_by_association: %{[contract_address: :smart_contract] => :optional}]
-
-    with {:ok, address_hash} <- Chain.string_to_address_hash(address_hash_string),
-         {:ok, token} <- Chain.token_from_address_hash(address_hash, options),
-         {:ok, false} <- AccessHelpers.restricted_access?(address_hash_string, params) do
-      render(
-        conn,
-        "index.html",
-        current_path: Controller.current_full_path(conn),
-        token: Market.add_price(token),
-        counters_path: token_path(conn, :token_counters, %{"id" => Address.checksum(address_hash)})
-      )
-    else
-      {:restricted_access, _} ->
-        not_found(conn)
-
-      :error ->
-        not_found(conn)
-
-      {:error, :not_found} ->
-        not_found(conn)
-    end
+  def index(conn, params) do
+    HolderController.index(conn, params)
   end
 
   defp unique_tokens_paging_options(%{"unique_token" => token_id}),