{"path":"/distribution/exchange_aggregated_reshuffling_ratio","tier":3,"parameters":{"a":["USDT"],"c":["native"],"e":["aggregated","bibox","bigone","binance","bingx","bitfinex","bitflyer","bitget","bithumb","bitpanda","bitstamp","bittrex","bybit","cobinhood","coinbase","coinex","coinhako","crypto.com","deribit","ftx","gate.io","gemini","hitbtc","huobi","korbit","kraken","kucoin","mexc","nexo","okex","poloniex","robinhood","swissborg","upbit","zb.com"],"f":["csv","json"],"i":["24h"]},"queried":{"a":"USDT","path":"/v1/metrics/distribution/exchange_aggregated_reshuffling_ratio"},"refs":{"docs":"https://docs.glassnode.com/basic-api/endpoints/distribution#get-v1-metrics-distribution-exchange_aggregated_reshuffling_ratio","studio":"https://studio.glassnode.com/charts/distribution.ExchangeAggregatedReshufflingRatio","metric_variant":{"bulk":"/distribution/exchange_aggregated_reshuffling_ratio/bulk","pit":"/distribution/exchange_aggregated_reshuffling_ratio_pit"}},"bulk_supported":true,"timerange":{"min":1511827200,"max":1784160000},"modified":1784257717,"descriptors":{"name":"Exchange Aggregated Reshuffling Ratio","short_name":"Exchange Aggregated Reshuffling Ratio","group":"Exchange Flows","tags":["on-chain","exchanges","entities"],"description":{"default":"**Definition.** Exchange Aggregated Reshuffling Ratio is a USD-volume-weighted average of the per-asset Reshuffling Ratios across the major assets traded on a given exchange. It measures overall internal liquidity movements relative to the exchange's combined balances, representing platform-wide asset reallocation rather than asset-specific flows.\n\n**Technical.** Exchange metrics are based on Glassnode's continually updated set of labeled exchange addresses, together with statistical and data-science methods that are refined over time. The series is therefore mutable: its established history is stable, but recent data points may revise as labels update. For methodology and limitations, see our [article on exchange metrics](https://insights.glassnode.com/exchange-metrics/) and [Exchange Data Transparency Notice](https://docs.glassnode.com/further-information/exchange-data-transparency-notice).\n\n**Interpretation.** Higher readings indicate more intensive, and potentially stressed, internal reallocation of assets. Lower readings point to comparatively stable internal flows across the exchange.\n\n**Notes.** Introduced by [CryptoVizArt](https://x.com/CryptoVizArt). For more information, see the [introductory article](https://insights.glassnode.com/the-week-onchain-week-35-2023/).\n"},"data_sharing_group":"onchain"}}