Share of labeled exchange gross flow by venue — Each venue's share of total labeled gross flow; stacked areas sum to 100%.
Each labeled venue's percentage of total gross exchange flow, stacked to 100% beside Bitcoin price.
A widening band means that venue is taking a larger share of observed exchange activity. Watch persistent shifts across several buckets rather than a single operational spike.
This is dominance within the nine labeled venues, not global exchange market share or traded volume. Label coverage and wallet migrations can change the observed mix.