Metrics
Exchange Reserves
How much BTC each exchange currently holds (rolling 30/90/365d)
What is Exchange Reserves?
Cumulative net flow into known exchange-clusters (Binance, Coinbase, Kraken, Bitfinex, OKX). Falling reserves = users withdrawing to self-custody, often a longer-horizon bullish signal. Rising = inflows, often selling preparation.
How are exchange reserves changing?
| From exchanges (30 days) | 385,058 BTC |
|---|---|
| To exchanges (30 days) | 425,274 BTC |
| Net change (30 days) | −40,215 BTC |
| Qualifying transactions | 3,997 |
| Latest transaction | 2026-08-25 |
How to read this. Reserve change is outflows minus inflows. A negative number means more BTC left exchanges than arrived, which drains the pool of immediately sellable supply. A positive number means the opposite. It says nothing about price direction on its own.
How we calculate it. Every large transaction on our node is classified by looking up whether the sending and receiving addresses carry an exchange label. The direction of that pair determines the flow type. Only labelled counterparties can be classified at all.
Where this approximates. The number is only as good as the labels behind it, and label coverage is uneven — exchanges that publish no address-level proof are invisible here, so their flows silently do not count. Note also that the bulk of whale volume is neither deposit nor withdrawal but internal movement: self-sends and exchange-internal transfers dominate by volume and are excluded from these figures on purpose.
Rolling 30-day window · latest data 2026-08-25 · source: our own Bitcoin node