Spot Inflow/Outflow

In the cryptocurrency market, one of the most commonly used metrics for investors who want to understand price movements is spot inflow/outflow analysis. This metric shows the amount of cryptocurrency entering and leaving exchanges within a specific time period. In other words, it tells us whether investors are moving their assets to exchanges to sell, or withdrawing them to their wallets for long-term holding.

Let’s think of a simple example: If there is a heavy inflow of coins into exchanges, this usually indicates increasing selling pressure. Conversely, large outflows signal that investors are leaning toward long-term holding, meaning the hodl mindset is strengthening. For this reason, spot inflow/outflow data is indispensable for understanding market sentiment. Before diving into the details, we can summarize inflows and outflows as follows:

Spot inflow/outflow refers to the movements of a cryptocurrency into and out of exchanges. Inflow means investors are sending their assets to exchanges to sell or trade. Outflow means coins are being withdrawn from exchanges to personal wallets. This data is tracked on-chain and is one of the most direct indicators of investor behavior.

Net flow the difference between inflows and outflows provides a quick insight into the overall market trend. A positive net flow indicates selling pressure, while a negative net flow points to decreasing supply.