During July 2026 (UTC), Cexlens recorded $1.78B of crypto (excluding stablecoins) moving off centralized exchanges and $2.14B moving onto them: a net flow of $364.3M onto exchanges, which usually reads as coins being readied for sale. BTC moved off exchanges the most ($201.3M net). TAO moved onto exchanges the most ($183.6M net). Stablecoins moved onto exchanges on balance ($773.3M).
Coins moving onto an exchange are usually headed for the order book, so large net inflows often come before selling. Coins moving off exchanges usually go to custody or cold storage, which reads as holding. Stablecoins work the other way: stablecoins arriving on exchanges are buying power. These are tendencies, not guarantees.
From Cexlens tracking of exchange and market maker wallets, summed per coin and UTC day. 115 coins moved at least $1M in this period. Wrapped tokens count as their base coin; tokenized stocks are left out.
A monthly page is final once the month is over. The weekly report is updated every day; for moves as they happen, open the live scanner.
Cexlens tracks every large transfer across 20+ exchanges in real time. See coins moving onto and off exchanges and smart-money moves before the market reacts.