What is Exchange flow?
Net movement of a coin onto or off exchanges, read as a selling or holding signal.
Coins moving onto an exchange are available to sell; coins moving off are being held elsewhere. Large net inflows sometimes precede selling, but wallets can belong to exchanges themselves.
Treat it as a common-sense indicator with error bars, not a prediction. Labelling wallets is guesswork at scale.
Related terms
- WhaleOn-chain
A holder large enough that its transfers can move the market or fill an order book.
- On-chain dataOn-chain
Facts recorded directly by a blockchain: transfers, balances, contract state.
- Open interestTrading
The total value of futures positions currently open, a measure of how much leverage is in play.