Stablecoin Exchange Transactions Count

The total number of deposits/withdrawals transactions of the exchange.

Definition

The total number of deposits/withdrawals transactions of the exchange.

Interpretation

Considering that it costs fees make multiple transactions, active exchange transaction count indicates the closest meaning to the number of investors that are involved in network transaction.

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 transactions are involved in netflows.

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

  • Low : Small number of transactions 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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