Potential selling supply and buying capacity.
| Concept | Explanation | |---|---| | Exchange inflow | Crypto moves to exchange-controlled wallets, potentially increasing tradable supply. | | Exchange outflow | Crypto leaves exchanges, potentially indicating custody transfer or accumulation. | | Stablecoin inflow | Stablecoins move onto exchanges, potentially increasing buying capacity. | | Reserve change | Exchange wallet balances rise or fall over time. | | Limitation | Transfers may reflect internal wallet management, custody changes, collateral, or institutional operations rather than buying or selling intent. |
On-chain signals require entity labeling and context. A large transfer is not automatically a sale, and an exchange withdrawal is not automatically long-term accumulation.