CryptoQuant User Guide
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  • Why trust CryptoQuant data
  • Top 15 Preset Charts ⭐
    • Miner Selling
    • Whale Accumulation
    • Huge OTC deal
    • Buying/Selling Pressure
    • Market Trend
    • Market Sentiment
    • Whale Dumping
  • Intro to On-Chain
    • What is on-chain data?
    • Why Market Driven?
  • Background Knowledge
    • Why Entity Matters
    • What is UTxO?
  • Exchange Flows/Indicators
    • Glossary (Exchange Flows)
    • Exchange In/Outflow and Netflow
    • Exchange Reserve
    • Exchange to Exchange
    • Exchange Addresses Count
    • Exchange Transactions Count
    • Fund Flow Ratio
    • Exchange Supply Ratio
    • Exchange Inflow CDD
    • Exchange Inflow - Spent Output Age Bands
    • Exchange Inflow - Spent Output Value Bands
  • Miner Flows/Indicators
    • Glossary (Miner)
    • Miner Outflow
    • Miner to Exchange
    • Miner Supply Ratio
    • Miners' Position Index (MPI)
  • UTXO Data/Indicators
    • Glossary (UTxO)
    • Profit and Loss (UTxO)
    • Profit and Loss (Supply)
    • Coin Days Destroyed (CDD)
    • Binary CDD
    • Mean Coin Age (MCA)
    • Sum Coin Age (SCA)
    • Sum Coin Age Distribution (SCA Distribution)
    • Spent Output Profit Ratio (SOPR)
      • aSOPR (Adjusted SOPR)
      • STH-SOPR
      • LTH-SOPR
      • SOPR Ratio (LTH-SOPR/STH-SOPR)
    • Net Unrealized Profit/Loss (NUPL)
    • UTXO Bands (Age)
      • UTXO Age Bands
      • Realized Cap - UTXO Age Bands
      • Realized Price - UTXO Age Bands
      • UTXO Count - Age Bands
      • Spent Output Age Bands
    • UTXO Bands (Value)
      • UTXO Value Bands
      • Realized Cap - UTXO Value Bands USD
      • UTXO Count - Value Bands
      • Spent Output Value Bands
  • Market Data/Indicators
    • Glossary (Market)
    • Open Interest
    • Funding Rates
    • Estimated Leverage Ratio
    • Taker Buy Sell Volume/Ratio
    • Capitalization models
    • Realized Price
    • Exchange Whale Ratio
    • MVRV (Market Value to Realized Value) Ratio
  • Network Indicators
    • NVT Ratio
    • NVT Golden Cross
    • Puell Multiple
    • Stock to Flow Ratio
    • Stock to Flow Reversion
    • NVM Ratio
  • Stablecoin Exchange Flows/Indicators
    • Glossary (Stablecoin)
    • Stablecoin Network Data
    • Stablecoin Exchange In/Outflow & Netflow
    • Stablecoin Exchange Reserve
    • Stablecoin Exchange Addresses Count
    • Stablecoin Exchange Transactions Count
    • Stablecoins Ratio
    • Stablecoin Supply Ratio (SSR)
  • Fund data & Premium
    • Grayscale Bitcoin Trust (GBTC)
      • GBTC Digital Asset Holdings
      • GBTC Premium or Discount
  • Grayscale Ethereum Trust (ETHE)
    • ETHE Digital Asset Holdings
    • ETHE Premium or Discount
  • Coinbase Premium
  • Korea Premium Index
  • Bank Supply Ratio
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  • Definition
  • Interpretation
  • By value itself
  • Link to Our Data

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  1. Exchange Flows/Indicators

Exchange Inflow CDD

This indicator is a noise-removed version of CDD with respect to exchange dumping signal

PreviousExchange Supply RatioNextExchange Inflow - Spent Output Age Bands

Last updated 3 years ago

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Definition

of coins destroyed by flowing into exchanges. High values indicate that more long-term holders moved their coins for the purpose of possible selling. This indicator is a noise-removed version of CDD with respect to exchange dumping signal.

Exchange Inflow CDD=∑o∈spent outputs to the exchangelifespano∗valueo\text{Exchange Inflow CDD}=\sum_{o \in \text{spent outputs to the exchange}}\text{lifespan}_o*\text{value}_oExchange Inflow CDD=o∈spent outputs to the exchange∑​lifespano​∗valueo​

Interpretation

Exchange Inflow CDD is a subset of Coin Days Destroyed (CDD) where coins are destroyed by flowing into exchanges. This indicator is noise-removed version of CDD with respect to exchange dumping signal. Also, note that exchange to exchange inter flow's value was excluded to clear the noise.

Exchange Inflow CDD specifically screens transaction that involved inflow to exchanges' wallets and represent its value as CDD. CDD gives more weight to

1) longer-lived UTXO

2) Amount of UTXO is holding BTC.

Weighting more on these makes the indicator sensitive to long-term holders’ movement and show sentiment & behavior.

By value itself

  • High: Long-held coins or great amount of coins or both are moving into the exchange -Volatility Risk or Possible Trend Reversal

A large number of alive days are destroyed which indicates that long-term holders' coins are exposed to selling. It is especially notable that coins that held large alive days or in quantity are moving into exchange, indicating possible sell pressure or trend reversal.

  • Low: Long-held coins are moving in less amount

Link to Our Data

Coin Days Destroyed (CDD)
Exchange Inflow CDD Live Chart