A peel chain is a transaction pattern in which a large balance is repeatedly split, with small amounts peeled off to new destinations while the remainder moves to a change-like address. Investigators use the pattern to follow laundering, cash-out, or operational flows, but it should be interpreted with context.
Back to glossary
Glossary term
What is Peel chain?
A peel chain is a transaction pattern in which a large balance is repeatedly split, with small amounts peeled off to new destinations while the remainder moves to a change-like address. Investigators use the pattern to follow laundering, cash-out, or operational flows, but it should be interpreted with context.