Stablecoin Exchange Addresses Count

The number of unique addresses making inflow/outflow transactions of exchanges.

Definition

The number of unique addresses making inflow/outflow transactions of exchanges.

Interpretation

Considering that it costs fees to send from wallets to different number of wallets, active Stablecoin Exchange Address Count indicates the closest meaning to the number of investors that are involved in exchange related transactions.

This naturally leads to possible interpretation of correlating exchange address count to the level of attention of trading investors.

By value itself

It shows whether few or large numbers of investors are involved in transaction.

  • High : Large number of investors are accountable for Stablecoin Exchange Flows

  • Low : Small number of investors are accountable for Stablecoin Exchange Flows

By examining trend

It shows the level of Exchange Activeness & Volatility

  • Increasing trend : expanding interest and activeness

    More people are participating in stablecoin exchange flows indicating expanding interest and activeness of exchange trading leading to possible volatility

  • Decreasing trend : diminishing interest and activeness

    Less people are participating in stablecoin exchange flows indicating diminishing interest and activeness of exchange trading leading to possible decreasing volatility

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