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RE: Exchange Transfer Report: 6/25/2017 to 7/1/2017
Bummer, no seven figure deposits this week. But withdrawals could have been higher. Still plenty of whales holding steem.
By they way, that big deposit last week helped the ratio. Take that out it may not look too different than this week.
The ratio of withdrawing accounts to depositing accounts isn't based one a dollar amount. The final number for the report is the net number regarding the money. The ratio is more about account sentiment, so if we take that one account out, the ratio doesn't change much, but the amount certainly does.
That's helpful to know. Not sure how I missed that. Thanks for clarifying.
Yeah, I'm still a bit confused with it myself but it seems to work for me better than just converting them internally. Much appreciated for the reply as always.