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Flow Types
From Exchange (Outflow)
BTC moving off a trading venue (often after buying for self-custody)
Definition
Sender = labeled exchange, recipient = non-exchange address. Indicates BTC leaving a venue, often to cold storage after purchase. Sustained outflows historically signal accumulation regimes; consistent with falling exchange reserves.
Context anchor
Outflow > inflow on a 7d basis = net withdrawal regime, often bullish on longer horizons
Example
5,234 BTC withdrawn from Coinbase to cold storage (often after buying)
Also known as
from_exchangeoutflowexchange outflowwithdrawal from exchange