What is this indicator?
Measures the difference between coins flowing into and out of exchanges; a high net inflow can signal selling pressure. This metric is often used as an early warning sign of possible selling pressure.
How to read the chart
Sharp changes or a move outside this metric's normal range often coincide with important price turning points, and it's used as a secondary confirmation alongside technical analysis.
Practical tip
On-chain data is best used to complement technical analysis, not replace it; interpreting a single metric in isolation can be misleading.