Coin

<ul class="news-points"> 
 <li>Nansen explained how to use the Exchange Flows feature on its platform.</li> 
 <li>Users can monitor developments within a crypto exchange with the Exchange Flows tool.</li> 
 <li>The tool allows users to get an overview of how an event impacts a particular exchange.</li> 
</ul> 
Nansen, the blockchain data and research platform for crypto investors, provided information to users on how to use one of its tools. In a tweet, the platform explained how users can monitor developments within a <a href="https://coinedition.com/what-is-a-cryptocurrency-exchange-how-does-it-work/" target="_blank" rel="noopener noreferrer nofollow">crypto exchange</a> by using its Exchange Flows feature. 
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 If you're concerned about an exchange and want to dive into what's happening, you can, with Exchange Flows! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f50e.png" alt="🔎" class="wp-smiley" style="height: 1em; max-height: 1em;"> Here's what it looks like for <a href="https://twitter.com/binance?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@binance</a>, over 7-days (not including Bitcoin): Inflow (what comes in): $6.9B Outflow (what leaves the exchange): 7.2B Netflow: -$288m <a href="https://t.co/SYaPQl0GCi" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/SYaPQl0GCi</a>— Nansen 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9ed.png" alt="🧭" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@nansen_ai) <a href="https://twitter.com/nansen_ai/status/1681947580664811520?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 20, 2023</a> 
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The blockchain data and research platform used an example of a seven-day exchange flow on <a href="https://coinedition.com/binance-exchange-review/" target="_blank" rel="noopener noreferrer nofollow">Binance</a> to explain how users can apply the <a href="https://coinedition.com/review/crypto-exchanges/" target="_blank" rel="noopener noreferrer nofollow">Exchange</a> Flows analytical tool. Using a screenshot, Nansen showed that the inflow of funds into Binance within seven days was $6.9 billion. Within the same period, the Binance exchange recorded a… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/nansen-explains-the-importance-of-the-exchange-flows-feature/">Nansen Explains the Importance of the Exchange Flows Feature</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Nansen Explains the Importance of the Exchange Flows Feature

Coin Edition

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