Let’s talk about on-chain data.
Exchange net inflows are the amount of coins transferred into exchange addresses over a period minus the amount transferred out. They’re commonly used to gauge potential selling pressure.
One thing many people overlook: the same indicator can mean different things under different market conditions. It’s more reliable to look at several indicators together and cross-check them against price and trading volume than to focus on just one.
Don’t place a large trade based on a single on-chain update. On-chain signals are just one reference point.
Transfers involving $BTC and $ETH are publicly verifiable. $ARKM is the token of the on-chain analytics platform Arkham. Currently: 81008.01.
#BTC
This information has been compiled from public sources. Please verify it yourself.
Exchange net inflows are the amount of coins transferred into exchange addresses over a period minus the amount transferred out. They’re commonly used to gauge potential selling pressure.
One thing many people overlook: the same indicator can mean different things under different market conditions. It’s more reliable to look at several indicators together and cross-check them against price and trading volume than to focus on just one.
Don’t place a large trade based on a single on-chain update. On-chain signals are just one reference point.
Transfers involving $BTC and $ETH are publicly verifiable. $ARKM is the token of the on-chain analytics platform Arkham. Currently: 81008.01.
#BTC
This information has been compiled from public sources. Please verify it yourself.