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Data/IndicatorDefinitionInterpretation
Exchange

-An exchange is where the actual trading events occur, which reflects the demand side

-The basic information and why it matters

-Find out more on What are Entities?

-Place where the price is mostly determined

-In relation to fiat

Exchange In/Outflow and NetflowAmount of coin deposited/withdrawn into/from the exchange wallets

  • Increase of inflow -Bearish sign
  • Increase of outflow -Bullish sign
  • Increasing Trend Possible volatility Helps predict the Market Trend

Exchange ReserveThe total amount of coins held in the exchange addresses

  • High High selling pressure -Bearish sign
  • Low Low selling pressure -Bullish sign
Exchange Addresses CountThe number of unique addresses making inflow/outflow transactions of exchanges

  • High

    Large number of investors engagement

  • Low Small number of investors engagement

  • Increasing trend

    Expanding Interest and Activeness

  • Decreasing Trend

    Diminishing Interest and Activeness

Exchange Transactions CountThe total number of deposits/withdrawals transactions of the exchange

  • High Large number of transactions
  • Low Small number of transactions

  • Increasing Trend

    Expanding Interest and Activeness

  • Decreasing Trend

    Diminishing Interest and Activeness

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How to look at indicators

This section identifies the lookout point for individual indicators. These indicators could be divided by their identity and the usefulness in trading. Each data tracks each feature of exchanges and put together they cover multiple aspects and capture movements in exchange relatively precisely.

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If you want to make use of exchange data by figuring out

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1) How many coins came out from or into the exchange

Checking the flow into the exchange is a great way to keep track of coins that could be sold or to be held in long-term purpose Exchange In/Outflow and Netflow

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2) How many coins are in the exchange

Checking the total reserve in the exchange is a great way to figure out how scarce the coin is in the market (exchange) Exchange Reserve

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3) How many addresses or transactions are active or being made through the exchanges

Checking the active address count or transactions is a great way to figure out how many addresses are participated in the movement in the price and find out the sentiment behind it Exchange Addresses Count Exchange Transactions Count It is wise to take a look at each indicator according to the number stated above.

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Points to be aware

CryptoQuant always try to be precise and take immediate actions but addresses that are newly created or not labeled need some time to be corrected. For example, large amount of bitcoin could be seen to get its way out of the exchange but it could be just an internal wallet change. It gives an impression of an outflow but instead it is just the same bitcoin staying in the same exchange. However, the accuracy of labeling and tracking exchange addresses continues to increase making the flow and indicators in the same way. Also, the heuristic running to label the exchange addresses continues to evolve around time.