CryptoQuant User Guide
English
English
  • 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
Powered by GitBook
On this page
  • BTC: All Miners to All Exchanges Flows Transactions Count
  • 👉 Save Chart
  • BTC: All Miners' Outflows
  • 👉 Save Chart
  • BTC: Miners' Position Index (MPI; 30-day MA)
  • 👉 Save Chart

Was this helpful?

  1. Top 15 Preset Charts ⭐

Miner Selling

Miners are OG whales. They periodically send a certain amount of BTC to exchanges, but if they decided to sell more coins, their outflow is likely to be changed significantly.

PreviousTop 15 Preset Charts ⭐NextWhale Accumulation

Last updated 4 years ago

Was this helpful?

BTC: All Miners to All Exchanges Flows Transactions Count

This indicator helps to see how frequently all miners transfer Bitcoin to all exchanges. Miners periodically send a certain amount of Bitcoin to the exchange from their mining wallets. If they send Bitcoin to exchanges more frequently, the price will likely be bearish as they are selling bitcoin on the exchange, not through the OTC market.

👉

BTC: All Miners' Outflows

This indicator is the total transferred amount from mining wallets that have received Bitcoin block reward. Miners periodically send Bitcoin to other wallets, but if the price is unusually high, they will sell bitcoin to the over-the-counter (OTC) market or exchanges. Significant miner outflow is a bearish signal.

BTC: Miners' Position Index (MPI; 30-day MA)

It is all miners' outflow divided by its one-year moving average. If miners withdraw an unusually large amount of Bitcoins compared to the past year, the MPI increases, and the Bitcoin price is likely to be bearish. If you draw lines when MPI is higher than 2.5, it often matches local and global highs. On the other hand, if the MPI is low, miners hold Bitcoin, meaning it's likely to be bullish. They were HODLers in 2018 and 2020 great sell-offs though.

👉

👉

Miner to Exchange
Save Chart
Miner Outflow
Save Chart
Miners' Position Index (MPI)
Save Chart