Exchange Transfer Report: 4/8/2018 to 4/14/2018

in exchangereport •  2 years ago 

USD values are calculated per day via API feeds from Cryptocompare (for STEEM and SBD values in BTC) and Coindesk (for USD value of BTC). For the top 50 reports in USD terms, I take the average USD value for STEEM and SBD for the week using the daily closing price which came out to:

  • STEEM: $2.23137
  • SBD: $2.16963

Previous Report:

  • STEEM: $1.74827
  • SBD: $1.97062

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.

Linked Accounts

hitbtc includes hitbtc-exchange and hitbtc-payout, freewallet.org includes freewallet, openledger includes openledger-dex, binance includes binance-hot and deepcrypto8, upbit includes upbit-exchange and myupbit, and gopax includes gopax and gopax-deposit.

Previous Reports

86, 85, 84, 83, 82, 81, 80, 79, 78, 77, 76, 75, 74, 73, 72, 71, 70, 69, 68, 67, 66, 65, 64, 63, 62, 61, 60, 59, 58, 57, 56, 55, 54, 53, 52, 51, 50, 49, 48, 47, 46, 45, 44, 43, 42, 41, 40, 39, 38, 37, 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: 4/8/2018 to 4/14/2018

First included transfer: 2018-04-08T00:00:00+00:00
Last included transfer: 2018-04-14T23:54:39+00:00


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

@binance STEEM transfer total: 2,497,255.763
@binance SBD transfer total: 249.559
@upbit STEEM transfer total: 105,392.444
@upbit SBD transfer total: 80,109.364
@poloniex STEEM transfer total: 9.177
@poloniex SBD transfer total: 0.000
@changelly STEEM transfer total: 0.000
@changelly SBD transfer total: 0.000
@freewallet.org STEEM transfer total: 0.000
@freewallet.org SBD transfer total: 0.000
@hitbtc STEEM transfer total: 0.000
@hitbtc SBD transfer total: 0.000
@rudex STEEM transfer total: -869.057
@rudex SBD transfer total: -115.112
@steemexchanger STEEM transfer total: -850.893
@steemexchanger SBD transfer total: -768.902
@coinpayments.net STEEM transfer total: -5,051.172
@coinpayments.net SBD transfer total: -2,049.582
@openledger STEEM transfer total: -30,177.521
@openledger SBD transfer total: -50.751
@gopax STEEM transfer total: -55,881.518
@gopax SBD transfer total: -8,427.842
@blocktrades STEEM transfer total: -214,982.692
@blocktrades SBD transfer total: -23,531.909
@bittrex STEEM transfer total: -1,189,053.807
@bittrex SBD transfer total: 66,579.433


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

Total STEEM transferred: -1,105,790.724
Total SBD transferred: -111,994.258
Total USD transferred: ($ 2,710,409.03)

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

Accounts withdrawing: 4729
Average withdrawal amount: ($       647.22)
Median withdrawal amount: ($        25.86)

Accounts depositing: 1530
Average deposit amount:  $        74.08 
Median deposit amount:  $        11.26 

Ratio of withdrawals to deposits: 3.09/1

TOP 50 WITHDRAWALS THIS WEEK

AccountNet Transfer Amount
1triaconta:($ 200,822.86)
2baby-owl:($ 178,882.04)
3proskynneo:($ 167,352.38)
4val-a:($ 154,332.24)
5appics:($ 134,742.96)
6dang007:($ 132,566.30)
7cafayate7063:($ 84,206.52)
8alpha:($ 81,477.48)
9alice:($ 68,733.43)
10onehand:($ 65,099.50)
11newyo:($ 63,535.45)
12slowwalker:($ 57,572.95)
13imacryptorick:($ 55,038.58)
14smooth-a:($ 44,627.30)
15trevonjb:($ 41,287.38)
16ioc:($ 30,339.51)
17kwak:($ 28,148.03)
18meerkat:($ 27,320.36)
19davidp:($ 24,213.60)
20el-mago:($ 23,724.38)
21korbit2:($ 23,204.37)
22oldstone:($ 21,800.01)
23sandrino:($ 21,599.61)
24peaceandlove:($ 20,777.70)
25qkrnxlddl:($ 18,329.72)
26hwawol:($ 17,226.25)
27solisrex:($ 17,114.72)
28feruz:($ 16,656.78)
29lifewordmission:($ 14,694.70)
30gotit:($ 14,620.37)
31swissclive:($ 14,257.63)
32goldibex:($ 13,890.70)
33blakesteem:($ 11,299.69)
34utopian.com:($ 11,156.83)
35ewssir:($ 11,156.80)
36extrashin:($ 11,144.62)
37cryptographic:($ 10,562.39)
38ngc:($ 10,371.42)
39skt:($ 9,901.82)
40arneb271828:($ 9,429.04)
41steemtruth:($ 9,371.73)
42thejohalfiles:($ 9,300.92)
43ssg:($ 8,981.91)
44prc:($ 8,945.85)
45penguinpablo:($ 8,925.46)
46imanisraelirick:($ 8,727.35)
47sesangsokuro:($ 8,505.68)
48mydays:($ 8,383.07)
49cryptoctopus:($ 8,050.50)
50roelandp:($ 7,978.64)

TOP 50 DEPOSITS THIS WEEK

AccountNet Transfer Amount
1l-s-h:$ 24,615.17
2azircon:$ 18,134.79
3inspirewithwords:$ 17,850.83
4tomino:$ 12,624.86
5rhodium:$ 10,284.36
6aravindgre:$ 8,083.09
7robert-call:$ 7,039.79
8createaccount:$ 6,694.10
9julisavio:$ 6,260.72
10rcarter:$ 6,244.72
11zhangyong:$ 5,016.67
12brucety:$ 4,914.98
13fleetmanager:$ 4,757.61
14supersoju:$ 4,668.02
15elderchild:$ 4,299.16
16groovalicious:$ 4,044.07
17tumutanzi:$ 3,833.39
18jawnz:$ 3,347.05
19tosser19:$ 3,186.02
20stans:$ 3,123.91
21allsale:$ 2,903.46
22for4sldh8pla8fw:$ 2,900.71
23martinphoto:$ 2,639.17
24fa11enangel:$ 2,519.54
25alsm:$ 2,394.68
26wavesplatform:$ 2,365.19
27offoodandart:$ 2,233.60
28janicehung:$ 2,233.55
29huch:$ 2,233.55
30fotosedjarah:$ 2,075.14
31romancereviews:$ 2,008.16
32hamzayousaf:$ 1,999.64
33pandorasrealm:$ 1,997.07
34arslanahmad:$ 1,957.11
35nba-highlights:$ 1,955.01
36treyball:$ 1,922.74
37waqasmalik:$ 1,818.01
38arifulbipul:$ 1,780.61
39earth-style:$ 1,754.88
40kevincox:$ 1,735.24
41cryptokel:$ 1,707.77
42projectshivom:$ 1,705.34
43ubank:$ 1,673.52
44bwells:$ 1,672.89
45riccardo47:$ 1,631.18
46inmylife:$ 1,564.50
47webmaster-x:$ 1,528.30
48luigiborla:$ 1,438.68
49hotsteam:$ 1,432.92
50kibumh:$ 1,378.03

Withdrawal to Deposit Ratio by User Count over Time


click the image for an interactive graph

Commentary

  • The withdrawal to deposit ratio is still climbing at 3.09 compared to 2.72 last week.

  • $2.7M cashing out which is up over a million dollars from $1.67M last week.

  • 6 accounts with over $100k withdrawing fund this week. Impressive.

  • STEEM and SBD prices are up! :)

  • The decrese in people powering down next week is 10.4% in the green compared to the previous week.


Luke Stokes is a father, husband, programmer, STEEM witness, DAC launcher, and voluntaryist who wants to help create a world we all want to live in. Learn about cryptocurrency at UnderstandingBlockchainFreedom.com

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This is the first time I am seeing this report (I just started following you a couple of weeks ago)and it's pretty straight forward. I am assuming that the negative sign means a transfer back or a deposit, right?
BTW thanks for putting this all together :-)

It's a little confusing in terms of what a + or - means. I wish I could make it easier to understand. A negative sign is a withdrawal for an account... but from the exchange's perspective that's a deposit into the exchange account (a plus sign). Make sense?

So,

@bittrex STEEM transfer total: -1,189,053.807
would mean transfer to Bittrex

@bittrex SBD transfer total: 66,579.433
would mean transfer from Bitterx

And depending on who is on the lest hand side of he colon we apply this.

I guess so from the response of @lukestokes sir. Peace

Loading...

Thanks for the market update specially steem and sbd

Steem prices are going down again which is not good news.:(

Huh?

It's up 5.89% in the last 24 hours. Some investments don't do that in a full year.

Exactly!

Thanks a lot about this informative post.I accept this post.

Good job brother 👍👍👍
Thanks for sharing!!! 👏👏👏👏👏

Thanks for sharing steem update report.
I appreciate your post.
@resteemit done

Wow, the rise of SBD/Steem prompt the activeness of steemians and withdrawal. I think more people will power down this coming week

I don't belief so though quite logical..

Hi @lukestokes its always good to see the amount of people that power down decreases!

By the way, I am not sure if you had the chance to see what happened during the London Cryptocurrency Show last Saturday.

I made a post dedicated to @stephenkendal and @anarcotech , and it finishes with a message to @ned . Your thoughts are important when you get the chance.

Why Steem is the Best Blockchain in the World - How the London Crypto Show Presentations Unveil it - Thanks #Promo-Steem for your Hard Work

Regards, @gold84

Steem/Steem dollar is slightly going down back to less than $2.00. It might go back to $1.5 in less than 2 weeks. If not, then that's a good thing.

Another impressive report by @lukestokes. I wonder why withdrawal to deposit ratio keeps increasing, yet price keeps increasing too. I thought It should be the other way round based on the law of demand and supply. Did I miss anything in my rough deductive analysis?

@eurogee of @euronation community

I've been trying to find some type of correlation/causation between the number of accounts withdrawing and the price, but I haven't really found anything solid.

Okay. We keep hoping

many reports

  ·  2 years ago Reveal Comment

This is not a comment my dear friend.
Chg your mindset🔥

Spamhammer incoming!

so sad!!!

So sad that you would spam the blockchain like you did and waste resources. Please, add real value instead of spamming.