The algorithm looks at the movements of Stablecoins and calculates the net money flow.
Inflows are defined when Stablecoins deposited into the exchange wallets are more than Stablecoin withdrawal from the exchange wallets, this is a bearish trading signal.
Outflows are defined when Stablecoins withdrawn from the exchange wallets are more than Stablecoin deposited into the exchange wallets, this is a bullish trading signal.
Enhancement idea
Description
The algorithm looks at the movements of Stablecoins and calculates the net money flow.
Inflows
are defined when Stablecoins deposited into the exchange wallets are more than Stablecoin withdrawal from the exchange wallets, this is abearish
trading signal.Outflows
are defined when Stablecoins withdrawn from the exchange wallets are more than Stablecoin deposited into the exchange wallets, this is abullish
trading signal.Links
https://www.investopedia.com/terms/s/stablecoin.asp
https://www.bankofengland.co.uk/explainers/what-are-stablecoins-and-how-do-they-work
https://en.wikipedia.org/wiki/Stablecoin