As you can see, the visualization for Coinbase vs. Circle is very different. This is due to their different fulfillment process approaches. Essentially, Coinbase transactions are peer-to-peer (why transactions involve a lot of addresses) while Circle transactions occur peer-to-reserve (why transactions are just between two addresses).
Coinbase
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Circle
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methodology
Begin by first setting up an account with the Bitcoin exchange. Proceed to submit a "buy" request in the exchange. Once your buy has been successfully executed, find the transaction address on the blockchain. You may then use our tool to view a Sankey visualization of the address and its relationship to others in the exchange such as a reserve. Some examples are below: