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ETE / Bitcoin Flows Between Exchanges

All type Exchanges to Spot	A_TO_S
Spot to Derivatives	S_TO_D
All type Exchanges to Derivatives	A_TO_D

INTERVALS   
Tier 1:  1M, 1W, 3D, 1D	
Tier 2:  1M, 1W, 3D, 1D, 12h, 4h, 2h, 1h, 15m, 10m, 5m, 1m	
Tier 3:  1M, 1W, 3D, 1D, 12h, 4h, 2h, 1h, 15m, 10m, 5m, 1m

Bitcoin Flows Between Exchanges

What is it?

Bitcoin (#BTC) flows between different types of cryptocurrency exchanges are an indicator that shows how BTC is moving between:

A_TO_S: All types of exchanges to spot exchanges
S_TO_D: Spot exchanges to derivative exchanges
A_TO_D: All types of exchanges to derivative exchanges

How to use it?

Large BTC flows between different types of exchanges can indicate investor activity related to potential sales or purchases. Understanding these movements can help traders predict significant price changes in BTC.

ProsEnables early detection of major price movementsMay signal increased selling or buying potential in the market

WarningsThese flows do not always directly lead to expected price changesThey should be analyzed in conjunction with other market indicators

Delays in on-chain data metrics in exceptional circumstances can reach up to 40 minutes. Due to the structure of the Bitcoin blockchain, delays in these metrics typically range around 20 minutes.

ConsFlows can be influenced by strategic actions of large players, which can be misleading

Increases on the chart can indicate increased transfer activity between exchanges, which often precedes significant price movements - both declines and increases. Observing these flows, especially during periods of market instability or before significant events, can help traders better understand current and future price trends in BTC.

Updated on: 07/03/2024

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