Exchange Transfer Report: 5/27/2018 to 6/2/2018

in exchangereport •  6 months 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: $2.36459
  • SBD: $1.71397

Previous Report:

  • STEEM: $2.80874
  • SBD: $1.92513

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, gopax includes gopax and gopax-deposit, and huobi includes huobi-pro and huobi-withdrawal.

Previous Reports

93, 92, 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: 5/27/2018 to 6/2/2018

First included transfer: 2018-05-27T00:00:21+00:00
Last included transfer: 2018-06-02T23:56:57+00:00


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

@binance STEEM transfer total: 1,252,714.305
@binance SBD transfer total: 131.924
@gopax STEEM transfer total: 36,634.648
@gopax SBD transfer total: 46,118.802
@bithumb STEEM transfer total: 5,674.360
@bithumb SBD transfer total: 0.001
@rudex STEEM transfer total: 785.290
@rudex SBD transfer total: 55.376
@poloniex STEEM transfer total: 0.000
@poloniex SBD transfer total: 5.001
@hitbtc STEEM transfer total: 0.000
@hitbtc SBD transfer total: 0.001
@changelly STEEM transfer total: 0.000
@changelly SBD transfer total: 0.001
@coinpayments.net STEEM transfer total: -481.530
@coinpayments.net SBD transfer total: -18.339
@steemexchanger STEEM transfer total: -296.768
@steemexchanger SBD transfer total: -811.116
@openledger STEEM transfer total: -3,073.509
@openledger SBD transfer total: 441.957
@freewallet.org STEEM transfer total: -6,837.535
@freewallet.org SBD transfer total: 0.001
@blocktrades STEEM transfer total: -50,857.295
@blocktrades SBD transfer total: -27,451.794
@upbit STEEM transfer total: -163,509.400
@upbit SBD transfer total: 88,166.578
@huobi STEEM transfer total: -307,201.093
@huobi SBD transfer total: 0.002
@bittrex STEEM transfer total: -527,289.530
@bittrex SBD transfer total: 159,299.287

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

Total STEEM transferred: -236,261.943
Total SBD transferred: -265,937.682
Total USD transferred: ($ 1,014,471.48)

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

Accounts withdrawing: 5084
Average withdrawal amount: ($       371.82)
Median withdrawal amount: ($        17.31)

Accounts depositing: 1687
Average deposit amount:  $       172.27 
Median deposit amount:  $        20.89 

Ratio of withdrawals to deposits: 3.01/1

TOP 50 WITHDRAWALS THIS WEEK

AccountNet Transfer Amount
1alpha:($ 375,052.71)
2valueup:($ 118,663.07)
3kuberaleez:($ 42,294.38)
4ngc:($ 39,406.65)
5snowflake:($ 34,512.65)
6freeyourmind:($ 33,707.12)
7someonewhoisme:($ 33,693.67)
8meerkat:($ 29,029.41)
9ioc:($ 28,616.78)
10onehand:($ 25,211.30)
11oldstone:($ 23,102.70)
12pinkterest:($ 18,680.58)
13haejin:($ 18,631.39)
14peaceandlove:($ 16,303.35)
15guyfawkes:($ 16,185.91)
16marina:($ 14,187.52)
17damilol:($ 13,954.71)
18sandrino:($ 13,481.20)
19liberosist:($ 12,850.95)
20urbanoid:($ 12,741.67)
21anwenbaumeister:($ 11,044.98)
22sochul:($ 10,652.26)
23teamsteem:($ 10,259.87)
24agawolf:($ 9,033.90)
25roelandp:($ 8,598.49)
26rcarter:($ 8,458.00)
27opheliafu:($ 8,355.35)
28newsflash:($ 8,243.58)
29kimjungmin:($ 8,184.39)
30orinoco:($ 7,905.78)
31cryptoctopus:($ 7,894.24)
32cryptomancer:($ 7,487.75)
33thecryptodrive:($ 7,401.78)
34phlatattak:($ 7,315.46)
35thetruth36:($ 7,290.83)
36steemit3:($ 7,093.76)
37kmyang62:($ 6,963.19)
38kingscrown:($ 6,931.87)
39thewave:($ 6,810.20)
40freemoceanisnow:($ 6,730.91)
41anyx:($ 6,273.08)
42crypt0:($ 6,253.47)
43decentralizd:($ 6,148.55)
44steem-pays:($ 6,102.95)
45unknown:($ 5,793.24)
46darksaint:($ 5,575.19)
47demotruk:($ 5,445.11)
48andrewmcmullan:($ 5,414.90)
49barrydutton:($ 5,331.81)
50muizianer:($ 5,287.22)

TOP 50 DEPOSITS THIS WEEK

AccountNet Transfer Amount
1derrick829:$ 162,342.41
2fedoradog:$ 57,072.47
3dk-gamer:$ 49,423.50
4benefactor:$ 47,429.69
5investegg:$ 30,866.57
6steemex:$ 28,618.59
7minsukang:$ 26,360.92
8bitcoingodperson:$ 22,513.33
9lanhange:$ 16,934.19
10bitjohny:$ 15,989.40
11sirvotesalot:$ 11,822.93
12peacat:$ 10,863.81
13ozphil:$ 9,687.21
14vapekings14:$ 9,401.47
15lager68:$ 9,389.25
16limesoda:$ 7,568.50
17sitha:$ 7,487.67
18investidorx:$ 7,191.55
19mauriciovite:$ 7,014.53
20challengekim:$ 6,951.86
21freshsushi:$ 6,861.98
22richman:$ 6,727.22
23royalmacro:$ 6,649.07
24levoyant:$ 6,400.76
25bladetrigger:$ 6,345.87
26toocurious:$ 5,604.93
27trafalgar:$ 5,556.75
28chesatochi:$ 5,253.84
29gary-wood:$ 4,921.40
30steemaction:$ 4,138.03
31ork:$ 4,130.39
32cjsho95:$ 3,982.09
33foreneo:$ 3,938.54
34ai01:$ 3,692.72
35iconoclaps:$ 3,599.80
36muratkbesiroglu:$ 3,505.78
37jinlee:$ 3,404.15
38bitbulls:$ 3,342.32
39johnboywalton:$ 3,312.55
40zyrus:$ 3,215.62
41coincutie:$ 3,206.19
42mac128k:$ 2,916.17
43edmanueld:$ 2,822.45
44bryanj4:$ 2,818.04
45call-me-howie:$ 2,786.95
46erhanoz:$ 2,643.99
47itstime:$ 2,570.31
48jansonwon:$ 2,539.59
49peterchung:$ 2,533.28
50azircon:$ 2,469.25

Withdrawal to Deposit Ratio by User Count over Time


click the image for an interactive graph

Commentary

  • At first glance, it looks like a good thing to see an account buying in so much like @derrick829 A closer look shows the account is just self voting and using profiting off bots. :(

  • Only $1M went out the door to exchanges compared to $2.5M last week.

  • The withdrawal to deposit ratio is down to 3.01, from 3.22 last week (3.01 accounts withdrawing for every 1 account depositing).

  • Last week we wondered about the big deposit by @crypt0f1end. This week it seems it's all delegated to an account with no activity called @steem-tube I wonder... is DTube and DLive going to get some competition?

  • There is 2.03% 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 UnderstandingBlockchainFreedom.com

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

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

I'm not a fan of Steemit's interface change which sets the root post paying settings for all posts instead of per post. If you happen to read this post and think it should get paid something, feel free to vote up this comment.

(I like to do these little experiments once in a while anyway, to see who is reading and who is autovoting. In this case, I just made a mistake when posting it. I didn't intend to decline payout.)

·

It is actually a pretty good way to the separate readers from those who are autovoting. Thanks for the tip :-)

·

I upvoted, though its not really worth anything--I've only been on steemit for a little more than week. I appreciate your posts though. I'm still trying to get my head wrapped around all the exchange rates and what this all means.

·

These are the kind of posts that catch my fancy. I'm upvoting right away.

·

Hello @lukestokes

Happy new week. Quite unfortunate to learn you didn't intend to decline payout. So sorry. Suck. Mistakes happen once in a while. Cheers

@eurogee of @euronation and @steemstem communities

·

I upvoted in autopilot, but (almost) always I read what has been autovoted.

Thank you for the analysis, @lukestokes! ;)

A big hug from @amico!

Luke: Do you know why there is this much difference in SBD prices between these two exchanges? I took the screen shots a few minutes ago.

·

I think we all see this... and make same question :)) ... but soon we see whats up :)

·

Not sure. Probably someone pumping things on one specific exchange. Seems it corrected rather quickly: https://coinmarketcap.com/currencies/steem-dollars/

Thanks for the update, the price of both steem and sbd have always been fluctuating. There was a time i thought sbd was heading towards the $1 mark. But i guessed wrong

I love the way u code. I consider u a "traditional" programmer and a smart/skillful one.

Thanks for the updated report @lukestokes !

I wanted to let you know I followed your post about shorting the USD on Bitshares, and made my own debt with collateral and in 4 days I got 41 bitSUSD from thin air.

How I made 40 bitUSD out of thin Air - By following an Example of @lukestokes - Shorting the U.S. Dollar With BitShares

Thank you again for a non-stop education to the crypto world!

Regards, @gold84

great analysis as always...and thanks for your support..things are moving in the right direction!!

I am Pricasso most wonderful artist and you have inspired me, so in your honor and dedicated to you this masterpiece...

luke stokes.png

The ode here in your honor

https://steemit.com/art/@pricasso/my-ode-to-lukestokes

Yours Always
Pricasso