Exchange Transfer Report: 6/11/2017 to 6/17/2017

in #exchangereport3 years ago


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 top 50 reports in USD terms, I take the average USD value for STEEM and SBD for the week using the daily average which came out to:

  • STEEM: $2.16613
  • SBD: $1.74842

Previous Report:

  • STEEM: $2.10946
  • SBD: $2.03240


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

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: 6/11/2017 to 6/17/2017

First included transfer: 2017-06-11T00:00:09+00:00
Last included transfer: 2017-06-17T23:54:57+00:00

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

@poloniex STEEM transfer total: 481,428.845
@poloniex SBD transfer total: 257,955.453
@bittrex STEEM transfer total: -779,662.361
@bittrex SBD transfer total: -24,705.431
@blocktrades STEEM transfer total: 415,271.139
@blocktrades SBD transfer total: -7,698.557
@openledger STEEM transfer total: 15,610.052
@openledger SBD transfer total: -4,155.572
@hitbtc STEEM transfer total: 2,548.547
@hitbtc SBD transfer total: -577.896
@changelly STEEM transfer total: 23,711.797
@changelly SBD transfer total: -3,026.790
@shapeshiftio STEEM transfer total: 0.005
@shapeshiftio SBD transfer total: 0.000 STEEM transfer total: -133,640.733 SBD transfer total: 0.163

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

Total STEEM transferred: -25,267.291
Total SBD transferred: -217,791.370
Total USD transferred: ($   435,522.01)

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

Accounts withdrawing: 2486
Average withdrawal amount: ($     1,069.77)
Median withdrawal amount: ($        52.10)

Accounts depositing: 1256
Average deposit amount:  $       894.58
Median deposit amount:  $       128.06

Ratio of withdrawals to deposits: 1.98/1


AccountNet Transfer Amount
1transisto:($ 216,612.90)
2pharesim:($ 146,213.71)
3wang:($ 108,306.45)
4rainman:($ 99,497.74)
5enki:($ 99,070.95)
6eeqj:($ 86,645.16)
7tombstone:($ 86,645.16)
8tamim:($ 86,187.66)
9summon:($ 82,312.90)
10witness.svk:($ 78,392.57)
11smooth-a:($ 54,153.22)
12puppies:($ 49,820.97)
13jejujinfarm:($ 33,406.26)
14steemfest:($ 32,024.05)
15htooms:($ 29,254.65)
16onceuponatime:($ 25,781.41)
17joseph:($ 25,209.97)
18jabbasteem:($ 23,826.96)
19oldtimer:($ 23,733.24)
20hipster:($ 23,069.27)
21originate:($ 21,661.29)
22drunchpunk:($ 21,446.78)
23sochul:($ 21,290.18)
24damarth:($ 20,946.00)
25gekan:($ 18,087.18)
26clains:($ 17,329.03)
27proskynneo:($ 16,090.70)
28furion:($ 16,075.89)
29papa-pepper:($ 15,246.17)
30layz3r:($ 15,238.72)
31flyingmind:($ 14,429.78)
32craig-grant:($ 13,898.83)
33creat0r:($ 13,758.68)
34katyakov:($ 13,646.61)
35dart:($ 12,419.73)
36ericvancewalton:($ 12,228.16)
37sponge-bob:($ 11,913.71)
38knozaki2015:($ 11,712.58)$ 11,157.48)
40steemaccess:($ 11,015.21)
41yan-kovalenko:($ 10,830.64)
42tradeqwik:($ 10,830.64)
43aaron:($ 10,829.27)
44neilstrauss:($ 10,271.59)
45trail:($ 9,491.61)
46xeroc:($ 9,455.13)
47anyx:($ 9,097.91)
48dirkzett:($ 8,648.29)
49x9films:($ 8,437.07)
50james212:($ 8,339.82)


AccountNet Transfer Amount
1hendrikdegrote:$ 576,164.65
2mrgold:$ 117,659.52
3statusiv:$ 64,983.80
4cryptomiles:$ 58,786.88
5charbo:$ 56,361.47
6hyndai:$ 52,614.12
7ranchorelaxo:$ 44,937.47
8kocowpo:$ 39,526.82
9done:$ 35,372.89
10systema:$ 25,668.59
11cfund:$ 25,538.19
12lewyray:$ 24,297.12
13topinvestor2021:$ 23,834.63
14bayrene:$ 22,746.85
15paul-gillbanks:$ 21,888.16
16inventor16:$ 21,682.55
17aimhighest:$ 21,662.33
18margarita-chavez:$ 21,357.39
19rc3:$ 19,196.84
20oceancoinz:$ 17,762.12
21cheekytequila:$ 16,855.16
22nitrah:$ 15,777.93
23livingfree:$ 15,162.86
24otisbrown:$ 13,867.56
25talentshow:$ 13,635.03
26ctrl-alt-nwo:$ 13,601.73
27neoxian:$ 13,503.75
28pbgreenpoint:$ 11,431.69
29genesis-mining:$ 10,830.64
30dirtdolla:$ 10,830.60
31tommyworldpower:$ 10,351.81
32dongu:$ 9,964.06
33hjk96:$ 9,850.22
34muyoung:$ 9,487.19
35j-bex:$ 9,364.15
36worldfamous:$ 8,252.91
37modprobe:$ 8,174.49
38uplus:$ 8,122.88
39triplej:$ 7,971.27
40kim066:$ 7,711.29
41nkc79:$ 7,650.67
42brooke5342:$ 7,647.17
43leomichael:$ 7,624.60
44financialcritic:$ 7,272.25
45almost-digital:$ 7,176.49
46me-tarzan:$ 7,150.39
47gamerveda:$ 6,933.74
48sigizzang:$ 6,595.74
49mal402:$ 6,504.12
50cwrz1976:$ 6,500.51

Withdrawal to Deposit Ratio by User Count over Time

click the image for an interactive graph


  • This report was done Sunday morning instead of the normal Saturday night I usually aim for. Was up till 2am doing stuff so I didn't get to it. So today it's a Father's Day report. :)

  • If you missed it last week, this report now includes Steem Power exchange transfers!

  • Last week someone mentioned in the comments how it would be better to do a median instead of an average for figuring out the USD values here. I agree, but I'm not going to mess with the code on Father's Day. :) I may adjust the report on the one-year anniversary of this report so we have 12 months of a consistent approach.

  • Another good week on the withdrawal to deposit ratio at 1.98 to 1.

  • @hendrikdegrote dropped a half million dollars into STEEM. Wow.

  • Lots of familiar names on the withdrawal list. Glad to see some long time Steemians getting paid. I'm still holding because I think the future price could be higher.

  • Last week was $3M outbound. This week is less than half a million. Interesting.

  • The powerdown amounts for next week are in the green at 14.75%.

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

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


Oh, cool! I didn't think those posts would even show up there because they aren't in a major category. Thanks!

The database indexes all posts, even if they aren't displayed within one of the major categories. Makes it easy to add new forums without having to worry about replaying the blockchain into the db ;)

Ah, makes sense.

significant amount of outgoing steem...will be watching closely to see how to effects the price on the exchanges in the upcoming week

Thanks for this. A lot of sweat went into it. great work.

First happy Father's Day @lukestokes! Second that's a lot of money being moved around, thank you for the analysis ^_^ appreciated as always!

Thank you! :)

Lots of incredible info that gives a great view on the steemit rewards that are huges! Thank you

Also keep in mind than many of the early whales made their STEEM via mining back when Steem was a mineable coin. Or they invested directly by purchasing STEEM. To see post rewards (and more) check out

These are some intense stats that are helpful for someone like me getting used to steemit. Will be interesting to compare after the change in 2 days also!

One day I'll be on that list.

Great report! Thanks

You're welcome! I put one out every week.

Luke, I really like your posts and I can tell you pay a lot of attention to Steemit. Generally, what are your thoughts/plans for how or when you will power down? I'm curious about your thoughts on this. Thanks upvoted/ resteemed

Good question. I've already paid off my house so I don't need liquid funds right now. I'm in the "build wealth" phase of my life after getting out of debt, so I'm investing in crypto I believe in long term.

If I needed more liquid funds, I'd power down. For me right now, the closest thing to powering down means not automatically powering everything up. I've got more liquid funds in my account now than I ever have and the main reason for that is I want to have things free to invest in EOS when that becomes available. I may end up powering down when that comes out just to have more liquid funds to invest there. Everyone has to make their own investment / financial decisions based on their goals and needs. Ideally, they all include getting an emergency fund and getting out of debt first and foremost.

Thanks for your response...Im trying to develop a systematic strategy over time.

Man, there is a lot of volatility!

Welcome to Crypto. :)

Looking through previous reports is fun. We've had a lot of change over the last 40+ weeks of this report.

hey check out my page for weekly currency analysis!

Howdy @lukestokes, good post! I am a relatively new member who just joined the platform. It would be awesome if you would take a minute to look at my profile page and follow me if you enjoy my stuff. Much appreciated.

Hello Nick. I'll give you a follow and see where it goes. I liked your Coinbase post as I think more people need to be educated on how dangerous it is to have currency on centralized exchanges.

Lots of useful data. This is the magic of this plataform. Thanks lukestokes!