Reasoning in Large Language Models incurs significant inference-time compute, yet the token-level information structure of reasoning traces remains underexplored. We observe that reasoning tokens split into two functional types: low-entropy \textit{structural} tokens (recurring phrases that scaffold the reasoning process) and higher-entropy \textit{organic} tokens (problem-specific content that drives toward a solution). This asymmetry motivates a simple, model-agnostic compression pipeline: apply cross-word BPE merges on a model's own reasoning traces to derive \textit{supertokens} that capture frequent structural patterns, then teach the model to adopt them via supervised fine-tuning. Across three model families and five mathematical reasoning benchmarks, our approach shortens reasoning traces by 8.1\% on average with no statistically significant accuracy loss on any model--benchmark pair. Beyond compression, supertokens act as interpretable reasoning-move annotations (backtracking, verification, strategy shifts), exposing the model's high-level strategy at a glance. Analyzing transitions between structural categories reveals systematic differences between correct and incorrect traces: correct traces show productive recovery (backtracking followed by strategy shifts and verification), while incorrect traces are dominated by confusion cycles (repeated hedging and unresolved contradictions). These diagnostic signals suggest applications in reward shaping and early stopping for RL-based reasoning training.

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