Large Transactions Volume


IntoTheBlock labels as large transactions those where an amount greater than $100,000 USD was transferred. In this case, the Large Transactions Volume indicator measures the aggregate amount in crypto terms transferred in such transactions.

This indicator can be shown either as a Total or Adjusted basis. The adjusted view filters out the volume in large transactions where the amount transacted returns back to the original address, while the total view would still include this volume. In other words, if address A sends address B 1,000 BTC and address B proceeds to retransfer address A the 1,000 BTC, the total view would record a large transaction volume of 2,000 BTC, while the adjusted filter would exclude this and show zero large transaction volume.

💡 How can I use it?

Large Transactions Volume provides an idea of the total amount transacted by whales and institutional players in a given day. Spikes in Large Transactions Volume point to high activity among institutional players either buying or selling. For instance on March 12 (dubbed as Black Thursday in the crypto space), over 1.41 million BTC was transferred in transactions over $100,000, indicating that a high amount of volume was potentially bought by large players on that day.

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