How do you detect block trades?

Utilizing the Signals tool is straightforward and efficient for monitoring block trades. Simply access the tool and ensure that the block trades Signal is activated. This straightforward step allows for seamless tracking of essential information related to block trades.

With the block trades Signal enabled, users gain instant access to valuable data regarding each transaction. The tool displays the exact time the block trade occurred, providing a clear timeline of market activity.

The ticker, an essential component of the block trade information, is also prominently displayed. This helps users identify the specific cryptocurrency or asset involved in the transaction, allowing for more informed decision-making.

In addition to the time and ticker, the tool provides a detailed description of the block trade. This includes information such as the size of the trade, the participants involved, and any other relevant details that can impact market dynamics.

The Signals tool offers flexibility in presenting the block trade data. Some Signals may indicate the trade's position relative to the current ask or bid price, providing insight into the strength of the trade and its potential impact on market sentiment.