Treasury Net Flows (Governments) tracks the daily position change specifically for government entities with crypto investments. This metric displays individual government flows, allowing you to monitor accumulation and distribution patterns by specific governments. Positive values indicate accumulation (buying activity), while negative values indicate distribution (selling activity). Note that the numbers are not derived by directly tracking wallets, but rather are aggregated from publicly available reports.

This metric is based on raw data provided by CoinGecko.

This is the Point-in-Time (PiT) variant of Treasury Net Flows (Governments). PiT metrics are strictly append-only and their history is immutable. The historic data does not necessarily reflect the best current knowledge, but the information at the time when a data point was first computed. PiT metrics are ideal candidates for applications in model backtesting and related quantitative purposes. Read our article on PiT metrics for more information.