Glossary ยท On-chain

Exchange Flows

Measured movement of assets into and out of centralised exchange wallets.

Definition

Exchange flows measure the net movement of crypto assets into (inflow) or out of (outflow) centralised exchange wallets. Large inflows often precede selling (users deposit to sell); large outflows often signal accumulation (users withdraw to self-custody). Flow shifts around major events signal positioning changes. Spectre AI integrates exchange flow data alongside whale tracking and on-chain metrics.