Data Guide: Net Buy Amount

Candlestick
Candlestick
Published in
2 min readMay 16, 2022

Definition

The Net Buy Amount equals the purchased number of a particular token minus the sold amount on the decentralized exchanges (DEX) in a given time.

For example, suppose 2,000 examplecoins are bought, and 1,000 are sold in a month. The Net Buy Amount will be 1,000 (2,000–1,000=1,000).

How can I use it?

The Net Buy Amount is presented in a bar chart.

  • RED represents the selling amount, and GREEN shows the buy amount of the token.
  • A line highlighted in green represents the Net Buy Amount of the token.
  • Hover around to check exact numbers, including buy amount and $ value, sell amount and $ value, and Net Buy Amount and $ value. The $ value equals the quantity of the token’s transaction amount multiplied by the token price.

Identify bullish and bearish signals

The Net Buy Amount can indicate the strength of buying and selling powers for a particular token in the market.

If the buy amount is higher than the sell amount, the Net Buy Amount will be positive. Positive signals that the buying power of a token is stronger than the selling power, boosting the price possibly.

If the sell amount is higher than the buy amount, the Net Buy Amount will be negative. Negative signals that the selling power of a token is stronger than the buying power, dropping the price possibly.

Check Live Data

(Coming soon)

--

--

Candlestick
Candlestick

Crypto Trading Signals & Predictions for Alpha Traders. 20+ Exclusive Actionable Signals, 60+ Charts & Metrics, 99% of Trades & Liquidity Activities.