MORPHO exchange flows
What tracked Ethereum whale wallets deposited to and withdrew from exchanges, day by day since September 6, 2026.
Live · refreshes every 10 minutes
Daily net flow and running total
Bars: withdrawals minus deposits each day (green = more MORPHO left exchanges, red = more arrived). Line: running total since September 6, 2026, right-hand scale. 53 of 59 days had tracked whale moves.
| Window | Withdrawn | Deposited | Net |
|---|---|---|---|
| Last 24 hours | $344K | $11K | +$333K |
| Last 7 days | $2.2M | $2.9M | -$730K |
| Last 30 days | $5.3M | $6.3M | -$1.0M |
| Since Sep 6 | $10.3M | $8.3M | +$2.0M |
MORPHO whale flow by exchange
| Exchange | Withdrawn | Deposited | Net |
|---|---|---|---|
| Coinbase | $1.9M | $2.5M | -$678K |
| Coinbase Prime | $1.5M | $2.1M | -$621K |
| Binance | $553K | $1.0M | -$463K |
| Bitvavo | $422K | $307K | +$115K |
| OKX | $459K | $59K | +$400K |
| Uphold | $320K | $183K | +$137K |
| Upbit | $74K | $115K | -$41K |
| Robinhood | $111K | $0 | +$111K |
| Revolut | $0 | $20K | -$20K |
| Gate.io | $6K | $0 | +$6K |
| KuCoin | $4K | $0 | +$4K |
| Nexo | $3K | $0 | +$3K |
| Exchange | Withdrawn | Deposited | Net |
|---|---|---|---|
| Coinbase | $4.4M | $4.1M | +$264K |
| Coinbase Prime | $2.3M | $2.3M | -$27K |
| Binance | $1.1M | $1.1M | -$5K |
| Uphold | $681K | $183K | +$498K |
| Bitvavo | $459K | $307K | +$152K |
| OKX | $600K | $70K | +$530K |
| Robinhood | $573K | $0 | +$573K |
| Upbit | $191K | $173K | +$18K |
| Coinone | $26K | $0 | +$26K |
| Nexo | $21K | $0 | +$21K |
| Revolut | $0 | $20K | -$20K |
| Gate.io | $11K | $0 | +$11K |
| KuCoin | $4K | $0 | +$4K |
| Bitpanda | $2K | $0 | +$2K |
| Bitso | $2K | $0 | +$2K |
Exchanges are matched through publicly labeled exchange addresses. Exchanges with their own page are linked.
Latest MORPHO whale exchange moves of $50K or more
| When | Move | Value | Exchange |
|---|---|---|---|
| 7h ago | Withdrawal | $294K | Bitvavo |
| 1d ago | Deposit | $89K | Uphold |
| 1d ago | Deposit | $307K | Bitvavo |
| 1d ago | Deposit | $221K | Coinbase |
| 1d ago | Withdrawal | $101K | Bitvavo |
| 2d ago | Withdrawal | $90K | Coinbase |
| 3d ago | Deposit | $235K | Coinbase |
| 4d ago | Withdrawal | $111K | Robinhood |
| 4d ago | Withdrawal | $175K | Coinbase Prime |
| 4d ago | Deposit | $176K | Coinbase Prime |
| 4d ago | Deposit | $932K | Coinbase Prime |
| 4d ago | Withdrawal | $493K | Coinbase Prime |
| 4d ago | Deposit | $495K | Coinbase Prime |
| 4d ago | Withdrawal | $185K | Coinbase Prime |
| 4d ago | Withdrawal | $169K | Coinbase |
| 4d ago | Withdrawal | $145K | Coinbase |
| 4d ago | Deposit | $72K | Coinbase |
| 4d ago | Deposit | $51K | OKX |
| 4d ago | Deposit | $243K | Coinbase |
| 4d ago | Withdrawal | $97K | OKX |
| 6d ago | Withdrawal | $201K | OKX |
How to read MORPHO exchange flows
A withdrawal moves MORPHO from an exchange into a whale’s own wallet. Coins leaving exchanges are commonly read as the accumulation side, because coins held off an exchange are not sitting ready to sell. A deposit moves MORPHO from a whale’s wallet onto an exchange, commonly read as the distribution side.
Neither is a trade. A withdrawal can be a purchase made on the exchange, a move into cold storage or staking, or one desk moving funds; a deposit can be a planned sale, collateral or a transfer between venues. That is why this page says “withdrawn” and “deposited”, never bought or sold. Large single moves can swing a day, so the running total and the number of wallets involved matter more than any one bar.
Learn more: Exchange moves vs DEX trades · Accumulation vs distribution
Questions
What is MORPHO exchange netflow?
MORPHO exchange netflow is the value of MORPHO withdrawn from exchanges minus the value deposited to them over a period. On this page it counts only Deep Blue Alpha's tracked Ethereum whale wallets (wallets holding $150K or more), not every holder. Coins leaving exchanges are commonly read as the accumulation side; coins arriving, as the distribution side.
Are whales moving MORPHO off exchanges?
Over the last 30 days, tracked whale wallets withdrew $5.3M of MORPHO from exchanges and deposited $6.3M, so more arrived on exchanges than left (-$1.0M net leaving). Last 7 days: -$730K net leaving. These are transfers, not trades, and they do not predict price.
Which exchange sees the most MORPHO whale deposits and withdrawals?
In the last 30 days, the most MORPHO withdrawn came from Coinbase ($1.9M) and the most deposited went to Coinbase ($2.5M). The table on this page lists every exchange.
How is this measured?
Every transfer of MORPHO between a tracked whale wallet and a publicly labeled exchange address is recorded within minutes of confirmation on Ethereum and valued in US dollars at the time of the move. Transfers between exchanges, retail wallets and untracked wallets are not counted. Figures refresh about every 10 minutes.
How far back does the data go?
Tracked whale exchange moves are kept from September 6, 2026. Since then, tracked whales made 251 MORPHO exchange moves on 53 of 59 days, withdrawing $10.3M and depositing $8.3M.
Counts only moves by Deep Blue Alpha’s 20,000+ tracked Ethereum whale wallets (wallets holding $150K or more) to and from exchange addresses, valued in US dollars at the time of each move. Not all MORPHO exchange traffic. Data from September 6, 2026. Past data only, not financial advice.
All MORPHO whale activity →