What are exchange inflows and outflows?

Exchange flows track coins moving into and out of exchange wallets. Because exchanges are where assets are sold, the direction of the flow hints at intent.

Inflows: potential selling

Coins moving onto an exchange are often there to be sold. A large inflow can precede selling pressure, especially into a weak market.

Outflows: accumulation

Coins leaving exchanges are usually moving to self-custody to be held. Sustained outflows suggest holders are accumulating rather than looking to sell.

How to read it here

We track curated exchange wallets. Read persistent inflows as supply hitting the market and outflows as coins going into cold storage.