COIN· Coinbase
Dark pool · off-exchange short volume
Short ratio (latest)
52.9%
20-day average
52.1%
Off-exchange share (20d)
44%
Darkpool density
big day, short ratio above trendbelow trendbubble size = how unusual ($vol z-score)
Last ~6 months. Bubbles mark days of unusually large off-exchange dollar volume (≥1.5σ vs the trailing 60 days). Daily resolution — not print-level data.
Darkpool levels ±15% of spot, since 2018-10-01
199.80
17.4B
196.29
16.2B
192.79
13.0B
189.28
12.7B
185.78
15.7B
182.27
16.0B
178.77
14.7B
175.26
13.5B
171.75
14.7B
168.25
15.2B
164.74
16.0B
161.24
12.5B
157.73
9.44B
154.23
9.54B
150.72
10.9B
Historical off-exchange $ volume at price: each day's volume spread across that day's range, summed over the full FINRA history. Heavy shelves often act as support/resistance magnets. Amber row = spot's bin.
Off-exchange short-volume ratio
short ratio (20d, right) daily off-exchange share (left)
FINRA daily TRF data, last 2 years. A persistently HIGH short ratio is mostly passive market-maker liquidity provision (commonly read as accumulation pressure) — not naively bearish.