Transfer to Exchange Addresses (Inflow) - Binance
Transfer to Exchange Addresses (Inflow) – Binance measures the total amount of ICP sent to all known Binance addresses, capturing the cumulative inflow of tokens into Binance over a given period. This metric aggregates transfers using our continuously updated labeled dataset, with addresses identified through publicly available sources, official exchange disclosures, and internal research.
How it’s calculated
- Each transaction sending ICP to a labeled Binance address is counted toward total inflow.
- Addresses are continuously verified and labeled, and transfers are updated as new information becomes available.
- Values may fluctuate over time, particularly for recent data points, due to newly discovered addresses or delayed labeling.
What this metric highlights
- Provides insight into Binance-specific deposit activity, showing when ICP is moving from private wallets into the exchange.
- Rising inflows may indicate increased trading interest, potential selling pressure, or liquidity accumulation on Binance.
- Helps track market behavior trends related to Binance custody and user activity.
Limitations
- Partial coverage: Not all Binance addresses are publicly known; some inflows may be untracked.
- Dynamic and variable: Transfers 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, staking, custody management, or other operational purposes.
- Informational purposes only: This metric is a proxy for inflow activity to Binance, 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.