Deposits

Contents

• Exchange Deposits (FlowInXNtv and FlowInXUSD)

• Exchange Deposit Count (FlowTfrInXCnt)

Exchange Deposits

Definition

The sum of assets sent to an exchange that interval.

Name	MetricID	Unit	Interval
Bitfinex Deposits (native units)	FlowInBFXNtv	Native units	1 block, 1 day
Bitfinex Deposits (USD)	FlowInBFXUSD	USD	1 block, 1 day
BitMEX Deposits (native units)	FlowInBMXNtv	Native units	1 block, 1 day
BitMEX Deposits (USD)	FlowInBMXUSD	USD	1 block, 1 day
Binance Deposits (native units)	FlowInBNBNtv	Native units	1 block, 1 day
Binance Deposits (USD)	FlowInBNBUSD	USD	1 block, 1 day
Bitstamp Deposits (native units)	FlowInBSPNtv	Native units	1 block, 1 day
Bitstamp Deposits (USD)	FlowInBSPUSD	USD	1 block, 1 day
Bittrex Deposits (native units)	FlowInBTCNtv	Native units	1 block, 1 day
Bittrex Deposit (USD)	FlowInBTXUSD	USD	1 block, 1 day
Gemini Deposits (native units)	FlowInGEMNtv	Native units	1 block, 1 day
Gemini Deposits (USD)	FlowInGEMUSD	USD	1 block, 1 day
Huobi Deposits (native units)	FlowInHUONtv	Native units	1 block, 1 day
Huobi Deposits (USD)	FlowInHUOUSD	USD	1 block, 1 day
Kraken Deposits (native units)	FlowInKRKNtv	Native units	1 block, 1 day
Kraken Deposits (USD)	FlowInKRKUSD	USD	1 block, 1 day
Poloniex Deposits (native units)	FlowInPOLNtv	Native units	1 block, 1 day
Poloniex Deposits (USD)	FlowInPOLUSD	USD	1 block, 1 day

Details

• Native units are considered as sent to an exchange if they are sent to an address we identify as being owned by an exchange.

• USD flows are computed as FlowIn{Exchange}Ntv * PriceUSD

Chart

Asset-Specific Details

• This metric might not be available for all assets. Either the exchange doesn’t support this asset, or we deemed that our coverage of the exchange was not complete enough to release the metric for it.

• For Bitcoin, this metric excludes the effect of change outputs:

  • If a transaction sends 90 BTC to exchange A but also withdraws 50 BTC from it, the flow is +40 BTC, not +90 BTC and -50 BTC.

Examples

• During times of market stress or uncertainty, we see an uptick in BTC/funds being moved to exchanges. During the Luna collapse in spring 2021, we can see a rise in BTC being sent to both Bitfinex and Binance which is a precursor for more downside pressure as often times users are converting their funds into fiat or stable coins.

Release History

• Released in the 4.0 release of NDP

Interpretation

• This metric looks at the flow of funds being sent to Bitfinex and can give us a sense of market sentiment.

Availability for Assets

Coin Metrics CoverageCoin Metrics Coverage

Exchange Depoosit Count

Definition

The sum count of transfers to any address belonging to an exchange in that interval. If the sender address also belongs to Binfinex, the transfer is not counted.

Name	MetricID	Unit	Interval
Bitfinex Deposit Cnt	FlowTfrInBFXCnt	Native units	1 block, 1 day
BitMEX Deposit Cnt	FlowTfrInBMXCnt	Native units	1 block, 1 day
Binance Deposit Cnt	FlowTfrInBNBCnt	Native units	1 block, 1 day
Bitstamp Deposit Cnt	FlowTfrInBSPCnt	Native units	1 block, 1 day
Bittrex Deposit Cnt	FlowTfrInBTXCnt	Native units	1 block, 1 day
Gemini Deposit Cnt	FlowTfrInGEMCnt	Native units	1 block, 1 day
Huobi Deposit Cnt	FlowTfrInHUOCnt	Native units	1 block, 1 day
Kraken Deposit Cnt	FlowTfrInKRKCnt	Native units	1 block, 1 day
Poloniex Deposit Cnt	FlowTfrInPOLCnt	Native units	1 block, 1 day

Details

• Coinbase (i.e., miner reward) transactions are not counted.

Asset-Specific Details

• For UTXO-based protocols, this metric does not count change outputs:

• • If the input addresses belong to Bitfinex, then the outputs belonging to Bitfinex are not counted as transfers to Bitfinex

• For account-based protocols, if both sender and recipient belong to Bitfinex, then the transfer is not counted.

Release History

• Version 4.2 of CM Network Data Pro Daily Macro (End of Day)

Availability for Assets

Coin Metrics CoverageCoin Metrics Coverage

API Endpoints

Exhange Deposits metrics can be accessed using these endpoints:

• timeseries/asset-metrics

and by passing in the metric ID's FlowIn* and FlowTfrIn* in the metrics parameter.

Asset metrics

Returns requested metrics for specified assets. Results for block by block metrics (1b frequency) are ordered by tuple (asset, height, block_hash), all other metrics are ordered by tuple (asset, time). You can change the sorting using sort query parameter. Supported output formats are json (default) and csv, use format query parameter to override it. To fetch the next page of results use next_page_url JSON response field or x-next-page-url CSV HTTP header if present. If multiple metrics are requested in the same time the strict policy for partially available metrics among requested ones is applied:

GEThttps://api.coinmetrics.io/v4/timeseries/asset-metrics

Authorization

api_key

Query parameters

Response

200400401403414

Time series of metrics for an asset.

Body

application/jsontext/csv

data*any

next_page_tokenNextPageToken (string)

Token of the next page results for a given request.

next_page_urlNextPageUrl (string)

URL of the next page results for a given request.

Request

ShellPython

curl --compressed "https://api.coinmetrics.io/v4/timeseries/asset-metrics?assets=btc&metrics=PriceUSD,FlowInGEMUSD&frequency=1d&pretty=true&api_key=<your_key>"

Response

{
  "next_page_token": "text",
  "next_page_url": "text"
}

Shell

curl --compressed "https://api.coinmetrics.io/v4/timeseries/asset-metrics?metrics=FlowInBFXNtv&assets=btc&pretty=true&api_key=<your_key>"

Python

import requests
response = requests.get('https://api.coinmetrics.io/v4/timeseries/asset-metrics?metrics=FlowInBFXNtv&assets=btc&pretty=true&api_key=<your_key>').json()
print(response)

Python Client

from coinmetrics.api_client import CoinMetricsClient

api_key = "<API_KEY>"
client = CoinMetricsClient(api_key)

print(
    client.get_asset_metrics(
        metrics="FlowInBFXNtv", 
        assets="btc",
    ).to_dataframe()
)