Exchange Transfer Report: 5/13/2018 to 5/19/2018

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: $2.95425
  • SBD: $2.31563

Previous Report:

  • STEEM: $3.27904
  • SBD: $2.71939


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, includes freewallet, openledger includes openledger-dex, binance includes binance-hot and deepcrypto8, upbit includes upbit-exchange and myupbit, gopax includes gopax and gopax-deposit, and huobi includes huobi-pro and huobi-withdrawal.

Previous Reports

91, 90, 89, 88, 87, 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: 5/13/2018 to 5/19/2018

First included transfer: 2018-05-13T00:00:21+00:00
Last included transfer: 2018-05-20T00:00:00+00:00

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

@binance STEEM transfer total: 1,676,478.957
@binance SBD transfer total: 603.214
@upbit STEEM transfer total: 98,289.596
@upbit SBD transfer total: 79,559.703 STEEM transfer total: 61,870.804 SBD transfer total: 0.000 STEEM transfer total: 458.256 SBD transfer total: 0.000
@poloniex STEEM transfer total: 0.000
@poloniex SBD transfer total: 0.001
@changelly STEEM transfer total: 0.000
@changelly SBD transfer total: 0.000
@hitbtc STEEM transfer total: 0.000
@hitbtc SBD transfer total: 0.000
@steemexchanger STEEM transfer total: -240.227
@steemexchanger SBD transfer total: -337.907
@rudex STEEM transfer total: -2,612.156
@rudex SBD transfer total: 299.066
@openledger STEEM transfer total: -12,097.065
@openledger SBD transfer total: 252.757
@gopax STEEM transfer total: -8,383.254
@gopax SBD transfer total: -8,987.404
@blocktrades STEEM transfer total: 7,645.281
@blocktrades SBD transfer total: -60,334.111
@huobi STEEM transfer total: -296,298.323
@huobi SBD transfer total: 0.000
@bittrex STEEM transfer total: -697,445.622
@bittrex SBD transfer total: 221,475.329

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

Total STEEM transferred: -827,666.247
Total SBD transferred: -232,530.648
Total USD transferred: ($ 2,983,589.01)

------------ Total Transferred, Excluding Steemit Account ------------

Total STEEM transferred (excluding steemit): -827,667.237
Total SBD transferred (excluding steemit): -232,530.648
Total USD transferred (excluding steemit): ($ 2,983,591.94)

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

Accounts withdrawing: 5312
Average withdrawal amount: ($       670.11)
Median withdrawal amount: ($        22.83)

Accounts depositing: 1700
Average deposit amount:  $       108.44 
Median deposit amount:  $         9.33 

Ratio of withdrawals to deposits: 3.12/1


AccountNet Transfer Amount
1alpha:($ 1,196,155.37)
2valueup:($ 174,676.19)
3puppies:($ 132,457.12)
4ngc:($ 132,038.81)
5khoa:($ 95,983.44)
6hwawol:($ 52,387.77)
7snowflake:($ 43,632.26)
8freeyourmind:($ 42,608.88)
9someonewhoisme:($ 42,602.73)
10meerkat:($ 36,244.61)
11trevonjb:($ 35,937.36)
12ioc:($ 35,755.78)
13thejohalfiles:($ 34,732.07)
14virus707:($ 29,568.97)
15donghyunkim:($ 29,542.53)
16isi3:($ 29,542.53)
17oldstone:($ 28,738.04)
18gloine:($ 26,617.82)
19solisrex:($ 22,657.29)
20haejin:($ 22,010.78)
21peaceandlove:($ 20,580.50)
22analisa:($ 19,346.11)
23marleen76:($ 18,936.76)
24swissclive:($ 18,251.55)
25sandrino:($ 16,830.78)
26aquabox:($ 16,794.11)
27marabara:($ 15,690.18)
28nomad:($ 13,893.75)
29inertia:($ 13,661.38)
30sochul:($ 13,293.49)
31furion:($ 13,128.98)
32arneb271828:($ 12,407.86)
33cryptomancer:($ 12,277.90)
34yabapmatt:($ 11,817.01)
35kasho:($ 11,518.25)
36newsflash:($ 11,231.04)
37libertyteeth:($ 10,273.55)
38kimjungmin:($ 10,214.18)
39darksaint:($ 9,292.61)
40sonzweil:($ 9,252.96)
41belloule81:($ 8,862.76)
42thewave:($ 8,502.29)
43aaron:($ 8,440.43)
44crypt0:($ 8,212.15)
45demotruk:($ 7,854.36)
46rubymaker:($ 7,708.13)
47lawrenceho:($ 7,704.71)
48greenman:($ 7,681.06)
49velimir:($ 7,403.09)
50orinoco:($ 7,391.13)


AccountNet Transfer Amount
1jcbit:$ 45,588.42
2steemex:$ 35,746.46
3lordgod:$ 33,178.66
4wavestring:$ 29,237.25
5korbit2:$ 26,735.93
6georgesdehk:$ 24,233.34
7nathanmars:$ 20,958.23
8hauruck:$ 15,952.96
9utopian.signup:$ 14,662.19
10cutemachine:$ 10,945.00
11drrosen:$ 9,456.50
12trafalgar:$ 9,308.82
13youdontsay:$ 8,819.79
14nimus06:$ 7,385.57
15seoinseock:$ 7,279.86
16ai01:$ 6,702.84
17prime-cleric:$ 5,595.74
18etangayong:$ 5,053.87
19happychau123:$ 4,877.73
20e2mmzw02giw2wvm:$ 4,431.38
21k4r1nn:$ 4,334.07
22miguel-angel:$ 4,321.78
23mukhtar.juned:$ 4,314.57
24steemik:$ 4,157.71
25iconoclaps:$ 4,154.66
26nero12:$ 4,041.58
27lstack:$ 3,857.47
28nnnarvaez:$ 3,534.46$ 3,312.34
30utopian.wallet:$ 3,242.86
31kibumh:$ 3,144.07
32scilwa:$ 3,101.97
33steemitlsh:$ 3,055.36
34french-legion:$ 2,960.97
35themanny:$ 2,954.22
36nightlights:$ 2,811.31
37for4sldh8pla8fw:$ 2,658.74
38skycrane54:$ 2,576.44
39jawnz:$ 2,363.40
40teseo:$ 2,333.83
41mantishands:$ 2,199.42
42azircon:$ 2,003.46
43jsquare:$ 1,979.32
44bigbot:$ 1,906.99
45mattmonarch:$ 1,877.72
46oldstrongman:$ 1,873.07
47fiveart:$ 1,812.60
48offoodandart:$ 1,772.55
49labotimmy:$ 1,739.04
50sdaragon9:$ 1,706.41

Withdrawal to Deposit Ratio by User Count over Time

click the image for an interactive graph


  • This report is coming a day or two late as I was camping this weekend, and my computer got wet. I put it in a bag of rice for a bit and it seems to be working well now. I have a new on on its way. :)

  • The withdrawal to deposit ratio is about equal with last week.

  • As I've mentioned before, the @alpha account (owned by @blocktrades, as far as I know) is a tricky one to make sense of since it integrates directly with accounts like steemit2, buildawhale, appreciator, and others. It appears to be providing liquidity but isn't exactly an exchange account.

  • There is 13.14% less Steem Power powering down this coming week compared to lass 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

I'm a Witness! Please vote for @lukestokes.mhth

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Thanks for the current report on deposits and withdrawals @lukestokes ! Hope your new computer arrives soon.

By the way, to keep you updated with #promo-steem I wrote a post of huge thanks to @roelandp for delegating to the @steem-ambassador guild, and mentioned you there as well.

@roelandp Has Delegated 15,000 Steem Power to the @Steem-Ambassador Guild - Thanks for this Great Action thinking on the Long Term Growth of the Steem Blockchain

Also, I developed my idea on SmartCash potential synergy with #promo-steem.

Suggested Benefits from #Promo-Steem to SmartCash (SMART) & - Potential Sinergy between #SmartCash and #Promo-Steem (Part 2)

Looking forward to your thougths on this when you get the chance! Your contributions and comment replies last time were great.

Regards, @gold84

Does are Destiney changing figures , me getting one of does will surly change my generation and our financial life will be secure @lukestokes insightful analysis. Best of regards

I confess I am not very much into the numbers (yet) but I was just hoping for a better ratio sbd vs steem to change and start not to see it happening sigh

thanks @lukestokes, have shared info that is very useful for steemit users, and i really like to read your post, good luck always @lukestokes.

This is really a huge one from alpha account having the highest withdrawal this week. The price of steem has been fluctuating between 2.7 and 2.9. Not really a stable one . thanks for the stats

You mean alpha (25)!?
I'm confused.
I thought you have to post to make money?

Curation rewards from upvoting others

Thank you for your latest updates....@lukestokes. good job.

Although I do not really understand about cryptocurrency and about daily reports, your postings are really interesting and this can be a reference for everyone. Thank you so much for the report Mr. @lukestokes

This report is coming a day or two late as I was camping this weekend, and my computer got wet. I put it in a bag of rice for a bit and it seems to be working well now. I have a new on on its way. :)

It’s better late than never my friend , you’re always appreciated for this
I hope you had a wonderful weekend camping ? I love camping too but it’s been quite a long time I did that
We’d patiently wait for the new one
Thanks for this detailed update

Oops!... Sorry!


Good to read the report after a long time. Surely my stopping the power down or shipping some $900 out of Steem didn't have much impact on the report. 😀

The rice bag treatment of the computer cracked me up. I once wrapped my laptop in a blanket to make it work but in vain.


1 million USD withdrawal just for 1 week! That's a lot of money! How lucky is he?

Thank you my man for supplying this and putting it together. Really IMPT. stuff that I think all Steemains need to get acquainted with .

Btw, how did the Meetup in Nashvegas go ??

I used to be always on the look out for this stat cuz it enables me to know the state of steem ecosystem at all times. Thanks for this initiative.

@eurogee of @euronation community

Nice one @lukestokea this piece was quite informative. However I will be happy if you or anyone can explain briefly what causes the price of SBD to decrease while Steem increases.
I'm just a fellow who loves steemit and wants to understand how the crypto works.

If SBD is ever trading above $1, it's over-priced. There's a smart contract available to convert SBD into STEEM at 1 USD value, but there's no similar contract to convert the opposite direction. The peg is broken, so speculators play with it and bid up the price, even though more SBD are printed every day at an inflated price. If you want to learn more on that, check out this post.

I took the time to read the post in that link and I must say, it answered every question I had. Thanks a lot @lukestokes :)

Nice post share .

As I about to say, maybe the account of alpha is behind the big one. That's a huge amount! Whew! I'm still confuse about cryptos, and even here in steemit but thank you sir @lukestokes for your existence. You're pushing us through. Thank you for the information that always clears something. More power sir! <3