Definition ∞ Coins leaving exchanges represents the movement of digital assets from centralized exchange wallets to external addresses. This metric indicates a reduction in readily available selling pressure on exchanges, suggesting a preference for self-custody or long-term holding. Substantial outflows often signal a decrease in immediate liquid supply for trading.
Context ∞ Analysts closely monitor coins leaving exchanges as a significant on-chain indicator of investor sentiment and potential market trends. Sustained periods of high outflows can precede price appreciation, reflecting accumulation by participants who intend to retain their assets. Conversely, inflows typically suggest increased selling intent or preparation for trading activities.
Blockchain Knowledge
Cryptocurrency Foundation
Cryptospace Newsfeed
