Transfer to Exchange Addresses (Inflow) - All
Transfer to Exchange Addresses (Inflow) – All measures the total amount of ICP sent to all known exchange addresses, capturing the cumulative inflow of tokens into exchanges over a given period. This metric aggregates transfers using our continuously updated labeled dataset, with addresses identified through publicly available sources, official community disclosures, and internal research.
How it’s calculated
- Each transaction sending ICP to a labeled exchange address is counted toward the total inflow.
- Addresses are continuously verified and labeled, with balances and transfers updated as new information becomes available.
- Values may fluctuate over time, especially for recent periods, due to delayed labeling or newly discovered addresses.
What this metric highlights
- Provides insight into exchange deposit activity, indicating when ICP is moving from private wallets into exchange custody.
- Rising inflows can reflect increased trading activity, potential selling pressure, or liquidity accumulation on exchanges.
- Helps track network behavior trends related to market participation and supply shifts.
Limitations
- Partial coverage: Not all exchange addresses are publicly disclosed; some inflows may be untracked.
- Dynamic and variable: Token movements can occur rapidly, and inflow values are snapshots that may change as new addresses or transactions are labeled.
- Does not indicate intent: Transfers could reflect trading, custody management, staking operations, or other operational activities.
- Informational purposes only: This metric is a proxy for inflow activity to exchanges, not a definitive measurement of market behavior or liquidity.
Disclaimer: The information provided in the descriptions above is for informational and educational purposes only and is intended as a general overview of the referenced metrics. These descriptions are illustrative, descriptive, and non-exhaustive; additional interpretations, use cases, and limitations may exist that are not covered here. Nothing herein should be construed as financial, investment, legal, tax, or professional advice, nor should it be relied upon as the sole basis for any decision-making process. All users should conduct their own independent research, validate data through multiple sources, and consult with qualified professionals where appropriate. The content provided does not guarantee accuracy, completeness, or reliability, and no representation or warranty is made regarding its correctness. The metrics, interpretations, and examples mentioned are subject to change over time and may not reflect all possible scenarios or market conditions. By using this information, you acknowledge that you do so at your own discretion and responsibility. No advisory, fiduciary, or client relationship is created through the use or reading of this material.