Trading Notes|On-Chain Data
① Exchange net inflow refers to the amount of coins transferred into exchange addresses minus the amount transferred out over a given period. It is commonly used to gauge potential selling pressure.
② For every Bitcoin unspent transaction output (UTXO), you can find which block it was created in, so you can estimate how many coins have remained inactive for a long time.
③ Don’t make large trades based on a single on-chain update. On-chain signals are just one reference point.
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