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On-Chain Analysis of Cryptocurrencies: When Exchange Reserves Can Mislead
FG
FOMOGRAM Editorial Desk
Aug 7, 2026
EXECUTIVE SUMMARY
On-chain analysis of cryptocurrencies often relies on exchange reserves, which indicate the number of coins held in the wallets of centralized platforms at a given time. This metric is useful, but it must be interpreted with caution.
On-chain analysis of cryptocurrencies often relies on exchange reserves, which indicate the number of coins held in the wallets of centralized platforms at a given time. This metric is useful, but it must be interpreted with caution.
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