Direct exposure is normally easier to explain because the reviewed address transacted with the risk source. Indirect exposure requires more context: number of hops, value decay, service type, timing, typology, and whether the path reflects ordinary market activity or intentional layering.
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Glossary term
What is Exposure (direct vs indirect)?
Exposure describes how closely an address, customer, or transaction is connected to a risk source. Direct exposure usually means funds moved to or from the risk source itself. Indirect exposure means the connection passes through one or more intermediate addresses, services, pools, bridges, or hops before reaching the reviewed activity.