Exchange Exchange Flows USD Exchange Flows USD
Bitcoin
This plots the volume of Bitcoin flowing into and out of exchanges side by side.
Why it matters
It shows the balance between deposit (potential selling) and withdrawal (accumulation) pressure.
How it is built
On-chain flows into and out of clustered exchange addresses are measured and compared over time.
What to watch
Outflows exceeding inflows signal accumulation; inflows dominating can precede distribution and selling.