Description
Definition. Exchange Aggregated Reshuffling Ratio is a USD-volume-weighted average of the per-asset Reshuffling Ratios across the major assets traded on a given exchange. It measures overall internal liquidity movements relative to the exchange's combined balances, representing platform-wide asset reallocation rather than asset-specific flows.
Technical. Exchange metrics are based on Glassnode's continually updated set of labeled exchange addresses, together with statistical and data-science methods that are refined over time. The series is therefore mutable: its established history is stable, but recent data points may revise as labels update. For methodology and limitations, see our article on exchange metrics and Exchange Data Transparency Notice.
Interpretation. Higher readings indicate more intensive, and potentially stressed, internal reallocation of assets. Lower readings point to comparatively stable internal flows across the exchange.
Notes. Introduced by CryptoVizArt. For more information, see the introductory article.