Start with the signal strip
Read the top strip before opening individual transactions. Net Flow summarizes deposits versus withdrawals for the chosen exchange and window. Top wallet surfaces the largest non-exchange participant, Top mover shows the asset driving the most flow, and Fresh whale opens the latest whale-sized event. Use these as shortcuts, not conclusions.
- Net Flow Deposits minus withdrawals in the selected context.
- Top wallet The largest visible non-exchange player by flow.
- Fresh whale The newest whale-sized move worth opening first.
Read direction before colour sentiment
Scanner colours encode where the funds moved relative to a centralized exchange. An inflow is a deposit onto a CEX and can add potential sell-side inventory. An outflow leaves a CEX and can fit accumulation or self-custody. Neither one proves an upcoming trade. Same-exchange and same-market-maker rebalances are plumbing and are hidden by default.
- Inflow Funds moved onto an exchange. Investigate possible distribution.
- Outflow Funds moved off an exchange. Investigate possible accumulation.
- Internal CEX / MM A rebalance inside one venue or desk, not net market flow.
Decode anomaly tags
A tag explains why an event is unusual, not whether to buy or sell. Whale Movement is unusually large for the asset. Large Inflow highlights size moving toward an exchange. Low Liq Window adds thin-liquidity timing, Rapid Sequence groups a one-hour cluster, and Circular Flow or Failed Large Tx warn that the move may be operational noise. Open the transaction trail before acting.
- WHALE MOVEMENT A single transfer crossed the asset-aware whale threshold.
- LARGE INFLOW A large amount moved toward a tracked exchange.
- RAPID SEQUENCE Several large related transfers clustered within one hour.
- LOW LIQ WINDOW Size moved during a thinner trading window.
- CIRCULAR / FAILED A loop or reverted transaction that needs extra caution.
Filter, verify, then compare impact
Build the feed around your question: time, market-cap band, asset, wallet, MM or whale, tag, risk, network, minimum USD and stablecoins. Keep internal transfers off for a directional read. Then open the transaction, wallet and asset pages. When a historical impact badge is available, it reports what price did after similar tracked events - useful evidence, but still a historical sample rather than a forecast.
Frequently asked questions
Does an exchange inflow mean price will fall?
No. It creates possible sell-side inventory, but the owner may rebalance, use collateral or move between venues. Confirm the actor, destination and market response.
Why are internal transfers hidden?
They move funds inside the same exchange or market-maker desk and can inflate activity without changing net market exposure. You can opt them back in when researching infrastructure.
What should I open after a scanner alert?
Open the transaction for the route, the wallet for behavior and counterparties, then the asset page or Chart for price, flow and order-book context.