Some commonly used data platforms:
1. CoinGlass
www.coinglass.com, the most recommended comprehensive tool
Liquidation data and heatmap: Real-time view of BTC/ETH long and short liquidations, assessing leverage liquidity pressure;
Open contracts and funding rates: Monitor changes in futures market liquidity;
Liquidity heatmap: Order book depth and potential liquidity zones;
Exchange inflow/outflow: Track capital inflow and outflow.
2. Glassnode
glassnode.com, a professional on-chain data platform, requires registration/payment for premium features
Exchange net inflow/outflow;
On-chain active addresses, capital flows, and other indicators reflecting real liquidity.
3. CoinMarketCap or CoinGecko
Basic trading volume and market cap: Preliminary assessment of overall market liquidity (high trading volume usually indicates better liquidity).
4. TradingView
cn.tradingview.com
Depth chart and order book: View buy and sell orders, assess immediate liquidity;
Can overlay volume, RSI, and other indicator analyses.
5. Global macro liquidity (e.g., impact of yen arbitrage trading)
USD/JPY exchange rate: Can be viewed on TradingView or Yahoo Finance, a strengthening yen often indicates the unwinding of arbitrage trades, tightening liquidity;
Global M2 money supply: Can search "Global M2" or relevant index tracking on FRED (fred.stlouisfed.org).
In the short term, focus on CoinGlass's liquidation and position data, especially during holiday periods of low trading volume when volatility amplifies;
If you want to delve into on-chain liquidity, Glassnode is the first choice.
It is recommended to cross-verify with multiple platforms to avoid relying on a single indicator.
Do you have any other useful data platforms to recommend?
Feel free to share in the comments～
