Exchange Transfer Report: 4/16/2017 to 4/22/2017

in exchangereport •  2 years ago 

exchange_transfer_report9fade.png

Welcome to the #ExchangeReport!

USD values are calculated per day via API feeds from Poloniex (for STEEM and SBD values in BTC) and Coindesk (for USD value of BTC). For the hourly breakdown graphs, I show the USD values using the weighted average for that day. For the top 50 reports in USD terms, I then took the average USD value for STEEM and SBD for the week using the daily average which came out to:

  • STEEM: $0.23485
  • SBD: $1.14485

Previous Report:

  • STEEM: $0.16643
  • SBD: $1.03422

Assumptions

Please see the first report for a detailed explanation of my personal assumptions related to what this data could mean (along with commentary on previous reports). What it does not show is people powering up, powering down, or if they are buying or selling on an exchange. It's just some interesting data dealing with transfers to and from exchange accounts.

Previous Reports

36, 35, 34, 33, 32, 31, 30, 29, 28, 27, 26, 25, 24, 23, 22, 21, 20, 19, 18, 17, 16, 15, 14, 13, 12, 11, 10, 9, 8, 7, 6, 5, 4, 3, 2, 1

Top 50 Accounts Transferring to and from Exchanges: 4/16/2017 to 4/22/2017

First included transfer: 2017-04-16T00:03:09+00:00
Last included transfer: 2017-04-22T23:55:06+00:00


----------------------------- Exchanges ------------------------------

@poloniex STEEM transfer total: 2,092,870.849
@poloniex SBD transfer total: 12,352.619
@bittrex STEEM transfer total: 256,901.529
@bittrex SBD transfer total: 8,688.557
@blocktrades STEEM transfer total: -370,936.263
@blocktrades SBD transfer total: 726.198
@openledger STEEM transfer total: -55,453.486
@openledger SBD transfer total: -4,969.139
@hitbtc STEEM transfer total: 643.359
@hitbtc SBD transfer total: 244.197
@changelly STEEM transfer total: 140,128.719
@changelly SBD transfer total: -160.768
@shapeshiftio STEEM transfer total: 24,756.857
@shapeshiftio SBD transfer total: 0.000
@freewallet.org STEEM transfer total: -175,677.947
@freewallet.org SBD transfer total: 0.000

------------------------- Total Transferred --------------------------

Total STEEM transferred: -1,913,233.617
Total SBD transferred: -16,881.664
Total USD transferred: ($   468,650.96)

----------- Total Transferred, Excluding Steemit2 Account ------------

Total STEEM transferred (excluding steemit2): -1,613,233.617
Total SBD transferred (excluding steemit2): -16,881.664
Total USD transferred (excluding steemit2): ($   398,195.80)

-------------------- Withdrawal to Deposit Ratio ---------------------

Accounts withdrawing: 1142
Average withdrawal amount: ($       551.49)
Median withdrawal amount: ($        12.50)

Accounts depositing: 146
Average deposit amount:  $       141.11
Median deposit amount:  $        48.04

Ratio of withdrawals to deposits: 7.82/1

TOP 50 WITHDRAWALS

AccountNet Transfer Amount
1steemit2:($ 70,455.16)
2alpha:($ 65,737.20)
3rainman:($ 51,599.41)
4dantheman:($ 45,679.98)
5anastacia:($ 35,770.07)
6nobody:($ 28,616.10)
7erihn:($ 28,199.82)
8thisvsthis:($ 24,367.40)
9jamesc1:($ 21,101.23)
10steempty:($ 19,928.15)
11summon:($ 13,481.89)
12dan:($ 10,697.50)
13smooth-a:($ 9,394.02)
14cloop1:($ 9,394.02)
15tamim:($ 9,316.70)
16witness.svk:($ 8,643.39)
17imadev:($ 7,045.52)
18busy.pay:($ 6,869.12)
19dele-puppy:($ 5,221.92)
20c75c39f25a90:($ 5,181.77)
21arsahk:($ 5,002.39)
22delegate.lafona:($ 4,951.59)
23xeroc:($ 4,502.90)
24liondani:($ 4,207.12)
25c91c2dfbf2f5:($ 3,818.09)
26infovore:($ 3,757.61)
27bytemaster:($ 3,621.22)
28a6ab6923e0a5:($ 3,537.25)
29b943863a19cf:($ 3,400.43)
30aaron:($ 3,335.11)
31msgivings:($ 3,263.77)
32arhag:($ 3,205.59)
33puppies:($ 2,925.10)
34steemdice1:($ 2,633.16)
35anonymous:($ 2,631.32)
36kushed:($ 2,348.17)
37neptun:($ 2,264.53)
38aizensou:($ 2,258.84)
39dollarvigilante:($ 2,144.13)
40vuyusile:($ 2,083.81)
41knozaki2015:($ 1,866.65)
42krnel:($ 1,670.42)
43meow:($ 1,633.07)
44thejohalfiles:($ 1,543.91)
45fuzzyvest:($ 1,510.97)
46the-alien:($ 1,487.54)
47mf-tzo:($ 1,410.78)
48joseph:($ 1,323.09)
49ericvancewalton:($ 1,307.51)
50steemapp:($ 1,302.70)

TOP 50 DEPOSITS

AccountNet Transfer Amount
1davidding:$ 35,137.85
2honeybeee:$ 27,864.40
3goldenunicorn:$ 13,681.44
4coinpayments.net:$ 13,007.30
5ugos:$ 10,974.36
6yoonjang0707:$ 6,290.18
7doweig:$ 5,744.70
8jaki01:$ 3,777.68
9teamsteem:$ 3,633.26
10oldstone:$ 3,073.39
11oldtimer:$ 2,676.22
12lsc9999:$ 2,634.27
13boliony:$ 2,382.15
14x9films:$ 2,340.64
15unobservant:$ 2,209.55
16akshaybajaj:$ 2,193.91
17fyrstikken:$ 1,961.00
18corn113:$ 1,949.25
19themonetaryfew:$ 1,947.26
20goldemar:$ 1,741.40
21frefrik:$ 1,649.61
22lightgray:$ 1,387.81
23dbugeaud:$ 1,224.94
24bitone:$ 1,174.48
25inv:$ 986.37
26lighthil:$ 788.31
27tieuthuong:$ 615.93
28exyle:$ 593.93
29sassal:$ 518.30
30livecoin.net:$ 460.00
31henry-gant:$ 380.45
32scoot:$ 351.50
33nomoreheroes7:$ 305.55
34zephyraijunzo:$ 297.05
35r1979:$ 260.92
36protoblock:$ 234.85
37wilbur:$ 201.97
38whatsup:$ 191.39
39suanumoni:$ 176.58
40adiel:$ 166.92
41lovecoffee:$ 165.24
42gbsteem45:$ 149.89
43avljs:$ 148.76
44bradlittle:$ 141.47
45ofrbg:$ 131.21
46rajoor:$ 129.16
47hannesf7:$ 126.30
48vip:$ 125.78
49nenad-ristic:$ 122.35
50traderk:$ 121.20

Withdrawal to Deposit Ratio by User Count over Time


click the image for an interactive graph

Commentary

  • Did you all enjoy the nice price bump we got last week?

  • Almost half a million dollars in value went out to exchanges last week.

  • We saw a slight improvement in the withdrawal ratio at 7.82 to 1 over last week's 9.27 to 1.

  • Last week's top depositor @honeybeee is still at it while this week's leader @davidding wasted no time going from a "What's Steem Power?" post three days ago to investing 35 big ones two days ago. Wow.

  • The powerdown amounts for next week are 52% in the green.


Luke Stokes is a father, husband, business owner, programmer, voluntaryist, and blockchain enthusiast. He wants to help create a world we all want to live in.

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Do you find it hard to understand the equation? Why has the price bottomed even though more STEEM is constantly sent to exchanges? What will happen when the withdrawal/deposit ratio gets equal?

·

Not sure what you mean by "the price bottomed" when the price was going up last week. If the withdrawal/deposit ratio was more equal (or if it even reversed with more people depositing than withdrawing), then I could imagine a large increase in price due to all that demand... though it would probably be a lagging indicator instead of a leading one.

I'm surprised the price has stayed as high as it has given how many people are pushing to exchanges. Either that means they are just playing the market (buying and selling) or larger whales are buying it up to support the price or... maybe many other things I haven't considered. It does seem like there isn't much incentive to keep things locked up in Steem Power right now, especially if the price of STEEM goes up and down creating buy/sell opportunities.

Thanks a lot! These reports are so valuable to me. Gradually investing more.