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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. Stablecoin Exchange Flows/Indicators

Stablecoin Exchange In/Outflow & Netflow

Stablecoin Exchange Inflow is defined as an amount of Stablecoin deposited into the exchange wallets. Exchange Outflow is defined as an amount of Stablecoin withdrawal from the exchange wallets.

Definition

Stablecoin Exchange Inflow is defined as an amount of Stablecoin deposited into the exchange wallets.

Metrics

Description

Inflow Total

The total amount of Stablecoin transferred to the exchange.

Inflow Mean

The mean amount of Stablecoin per transaction sent to the exchange.

Inflow Top10

The total Stablecoin amount of the top 10 transactions inflow to the exchange.

Inflow Mean(MA7)

The 7 days moving average of mean Stablecoin inflow to the exchange.

Stablecoin Exchange Outflow is defined as an amount of Stablecoin withdrawal from the exchange wallets.

Metrics

Description

Outflow Total

The total amount of Stablecoin transferred from the exchange.

Outflow Mean

The mean amount of Stablecoin per transaction sent from the exchange.

Outflow Top10

The total Stablecoin amount of the top 10 transactions outflow from the exchange.

Outflow Mean(MA7)

The 7 days moving average of mean Stablecoin outflow from the exchange.

Stablecoin Exchange Netflow is the difference between Stablecoin flowing into and out of the exchange. (Inflow - Outflow = Netflow)

The mean value is the In/Outflow Total divided by the Transactions Count In/Outflow.

Interpretation

By value itself

  • Increase of inflow to exchanges is mostly a Bullish sign

  • Increase of outflow from exchanges is mostly a Bearish sign

Considering the fact that moving coins costs fees, wallets outside from exchange send their coins to the exchanges for two possible reasons.

1) To buy coins - Bullish

In the case of inflow to spot exchange, it is highly likely that investors are sending Stablecoins for buying coins.

This reason of action mostly leads to the price rise which indicates a bullish sign.

2) To trade in derivatives market - volatility risk

The purpose for sending coins to derivative market wallets indicates that more trades will be happening on the derivative market. This could possibly lead to increased volatility risk as a result of increased trading activity, investors looking to take profits, and/or to rebalance to de-risk their investment portfolios. This type of action has difficulty in deciding the effect on price since coins in the derivative market could be used to open both long/short positions.

Instead, it should be interpreted as increased volatility risk.

Link to Our Data

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Last updated 1 year ago

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Stablecoin Exchange In/Outflow & Netflow in CryptoQuant Live Chart
Stablecoin Exchange In/Outflow & Netflow in CryptoQuant Data API docs