This chart presents the BTC denominated inflow and outflow volumes to exchanges associated with Whale entities (with a 1k+ BTC aggregate on-chain balance).
This chart has the following traces:
- 🟢 Whale Inflow Volume to Exchanges [BTC]
- 🔴 Whale Outflow Volume from Exchanges [BTC]
- âš« Whale Netflow Volume to/from Exchanges 7D-EMA [BTC]
Average Whale Withdrawal Prices
Also shown are the rolling average withdrawal prices for this cohort across a series of starting dates aligned with significant market lows and events.
- 🟡 5-Jul-2017+ (launch date of Binance)
- 🔴 16-Dec-2018+ (2018 Bear market low)
- 🔵 12-Mar-2020+ (March 2020 low)
Transparency Notice regarding Exchange Metrics
Disclaimer: Exchange balances presented are derived from Glassnode’s comprehensive database of address labels, which are amassed through both officially published exchange information and proprietary clustering algorithms. While we strive to ensure the utmost accuracy in representing exchange balances, it is important to note that these figures might not always encapsulate the entirety of an exchange’s reserves, particularly when exchanges refrain from disclosing their official addresses. We urge users to exercise caution and discretion when utilizing these metrics. Glassnode shall not be held responsible for any discrepancies or potential inaccuracies.
Please read our Transparency Notice when using exchange data