# Explanation

To calculate the IDR we take the top quintile of trades (by value), this typically represents a range of 97-99.8% of total transacted value.

Institutional involvement is highly valuable in the digital asset space. This is why readers should pay close attention to it. A reading of 99% or above indicates that there is a lot of institutional involvement, which shows a healthy network. Alternatively, readings below 97% should be seen as bearish. This signals that buying appetite is slowing, which is not a good sign.