Supply on exchanges tracks the running total of coins sitting in labelled exchange wallets, day by day. It is the level holders watch alongside net flow: a rising line means coins are accumulating on exchanges (more supply becoming sell-ready), a falling line means coins are draining off exchanges into self-custody (often read as accumulation). Built from the same verified exchange labels as the net-flow chart, so it updates automatically as new exchanges are labelled.
Supply on Exchanges
Time range
Coins on exchanges (Quanta)
FAQ about this chart
Common questions about this page+
What does supply on exchanges show?
The total amount of QRL held in known exchange wallets on each day — a running sum of everything received minus everything sent across labelled exchange addresses. It is the level behind the net-flow chart: net flow is the daily change, this is the standing balance.
How do I read a rising or falling line?
A rising line means more coins are accumulating on exchanges, which puts more of the supply within reach of being sold. A falling line means coins are leaving exchanges into private wallets, traditionally read as accumulation and reduced sell pressure. Watch the trend rather than the absolute number.
Is this the full amount on exchanges?
No — it is a lower bound. Only addresses with a verified exchange label are counted, so an unlabelled exchange wallet is not included until it is tagged. Because the labels join at read-time, newly-verified wallets are picked up automatically on the next refresh.