Exchange Supply Loss
TAO leaving self-custody into exchange deposit wallets — a leading proxy for sell-side supply pressure on TAO. Exchange wallets are detected on-chain by transfer fan-in.
SUPPLY LOSS · TRAILING 30D
1.62Mτ
TAO MOVED INTO EXCHANGE DEPOSITS · 30D GROSS
EXCHANGE DEPOSIT WALLETS
14
DETECTED ON-CHAIN BY FAN-IN
Fig. 1 — Trailing 30-day exchange supply loss, in τ (gross inflow; exchange-internal transfers may be included). Rising = more TAO leaving self-custody for exchanges.