Here is the list of keywords that might help you better understand and observe on-chain data.

The total amount of the crypto coins held in exchanges' wallets or affiliated miners' wallets.

The difference between coins flowing into and out of the exchange/mining pool. i.e. Inflow - Outflow = Netflow. If the Netflow value is above 0, it indicates that the volume of coins flowed into the exchange/mining pool is bigger than the volume that has flowed out of the exchange/mining pool. If the value is below 0, it indicates the opposite.

Asset refers to a resource with economic or financial value including cryptocurrency coins and tokens. CryptoQuant provides numerous assets including Bitcoin(BTC), Ethereum(ETH), multiples altcoins, and stable coin tokens.

All Exchanges and All Miners in CryptoQuant metrics specifically indicate the entire exchanges supported by CryptoQuant. Since supported exchanges vary based on assets, All Exchanges in Ethereum and All Exchanges in Bitcoin do not refer to the same group of exchanges.

To see the list of supported exchanges or mining pools of different assets, click here.

The term Mining Pool used by CryptoQuant specifically indicates all participants in the mining pool including individual miners. i.e. Antpool outflow does not necessarily mean the withdrawal of Antpool alone, but the withdrawal of all miners who have been mined through Antpool.

Resolution or Window means the time intervals for which the data is aggregated.

The supported resolution includes minute, block, and day and it varies based on metrics.

Block is a collection of the most recent transactions that have been permanently recorded. A block is the smallest resolution provided for on-chain data and it may take up to hours for a single block to be confirmed depending on assets.

On-chain statistics(a.k.a money flow) of specific crypto transferred to and from exchange wallets. Exchange/Miner Flows include all types of money flows such as inflow, outflow, netflow, and the number of transactions.

CryptoQuant provides indicators to help traders avoid any risks, assume upside or downside potentials, and give insights on the value of coins.

On-chain data allows traders to view legitimate activities that occur in the entire blockchain ecosystem for correct valuation of the network whereas market price can be easily manipulated especially in cryptocurrency markets.

10. Outlier

Crypto services like exchanges often create new wallets and move their funds for security reasons. When they move their cryptocurrency to newly created cold wallets, outliers occurred. So we periodically update exchange flows by adding newly created wallets.

Then why is market data so important?

The market price itself can be easily manipulated by forces, especially in cryptocurrency markets. However, it is crucial to understand how and where the market is going and that is why traders must keep an eye on multiple alternative capitalization models and taker's buy-sell ratios.