Stablecoin Exchange Reserve
The amount of the stablecoins held in the exchange addresses.
Definition
The flows of Stablecoin tokens into exchange wallets for as far back as we track. Please note that the transfer generally occurs after a certain amount of time from the contract created time.
Interpretation
Stablecoin Exchange reserve is a collective measure of potential stablecoins that are ready to be used to buy cryptocurrencies in the market.
Stablecoin Exchange Reserve is the accumulated result of Stablecoin Exchange Flows which naturally follows the indications that in/outflow has. Similar to Stablecoin Exchange NetFlow's interpretation, an increasing trend in netflow indicates the buying pressure and the decreasing trend indicates the selling pressure.
However, instead of Exchange In/Outflow & Netflow indicating the specific moment or period, Stablecoin Exchange Reserve is easy to track the result of the entire period's movements.
By value itself
It indicates the degree of accumulated buying pressure in the exchange
High : High Buying Pressure
A large number of stablecoins are staying in the exchange to be traded indicating high buying pressure
Low : Low Selling Pressure
A Small number of stablecoin are staying in the exchange to be traded indicating low buying pressure
By examining trend
It shows the changing buying power status
Increasing trend: Increasing potential Buying power -Bullish
More stablecoins are available in the exchange indicating the increasing buying power that are ready to be used to trade which supports bullish movement
Decreasing trend: Decreasing scarcity - Bearish
Fewer stablecoins are available in the exchange indicating the decreasing buying power that is ready to be used to trade which supports bearish movement
Link to Our Data
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