The 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
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.
If you want to make use of exchange data by figuring out
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
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
It is wise to take a look at each indicator according to the number stated above.
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.