Exchange Transfer Report: 6/4/2017 to 6/10/2017

in #exchangereport3 years ago (edited)


Important Changes To This Report!

It has come to my attention exchanges can do transfer_to_vesting transactions as well as transfer transactions which means some people buy STEEM POWER directly but this report has only ever shown STEEM and SBD transfers. Starting now, I'm including STEEM POWER purchases made through exchange accounts.

When we include this information historically, it means the withdrawals to deposits ratio has probably been a lot better than previously reported. Unfortunately, I can't easily go all the way back to recalculate the data, but I have captured the last month to see a nice correlation between the old ratio and the new one (it's just lower because we're now including more depositors).

This change also means previous whales who were buying Steem Power directly haven't been included in the report! Now they will be.

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: $2.10946
  • SBD: $2.03240

Previous Report:

  • STEEM: $1.05859
  • SBD: $1.61760


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

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: 6/4/2017 to 6/10/2017

First included transfer: 2017-06-04T00:00:33+00:00
Last included transfer: 2017-06-10T23:57:21+00:00

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

@poloniex STEEM transfer total: -1,061,323.765
@poloniex SBD transfer total: 142,979.960
@bittrex STEEM transfer total: 2,000,677.539
@bittrex SBD transfer total: 9,439.009
@blocktrades STEEM transfer total: 354,029.138
@blocktrades SBD transfer total: -3,724.041
@openledger STEEM transfer total: -70,214.205
@openledger SBD transfer total: 8,847.035
@hitbtc STEEM transfer total: 296.987
@hitbtc SBD transfer total: -518.555
@changelly STEEM transfer total: 159,297.296
@changelly SBD transfer total: -4,865.532
@shapeshiftio STEEM transfer total: 0.000
@shapeshiftio SBD transfer total: 0.000 STEEM transfer total: -64,321.836 SBD transfer total: 0.000

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

Total STEEM transferred: -1,318,441.154
Total SBD transferred: -152,157.876
Total USD transferred: ($ 3,090,449.44)

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

Accounts withdrawing: 2687
Average withdrawal amount: ($     2,526.23)
Median withdrawal amount: ($        69.32)

Accounts depositing: 1328
Average deposit amount:  $     1,376.08
Median deposit amount:  $       183.15

Ratio of withdrawals to deposits: 2.02/1


AccountNet Transfer Amount
1tombstone:($ 1,577,929.84)
2ashleigh:($ 421,892.85)
3smooth-a:($ 295,325.00)
4engagement:($ 226,291.47)
5anastacia:($ 210,946.43)
6wang:($ 210,946.43)
7teamsmooth:($ 168,757.14)
8kushed:($ 164,534.47)
9pharesim:($ 140,548.70)
10jejujinfarm:($ 129,791.12)
11erihn:($ 117,341.06)
12cloop1:($ 97,560.88)
13rainman:($ 96,858.77)
14onceuponatime:($ 86,719.45)
15originate:($ 84,190.85)
16tamim:($ 83,901.65)
17summon:($ 83,330.02)
18rpgwizard:($ 66,410.15)
19alpha:($ 65,884.90)
20redux:($ 56,050.10)
21pfunk3:($ 43,454.96)
22sochul:($ 41,375.27)
23xeroc:($ 40,550.94)
24maa:($ 38,859.31)
25clains:($ 37,970.36)
26cryptomiles:($ 37,605.65)
27expir601:($ 34,806.16)
28steempty:($ 34,269.05)
29witness.svk:($ 34,233.12)
30faddy:($ 28,204.87)
31fminerten:($ 27,796.10)
32joshbreslauer:($ 26,803.09)
33marius19:($ 26,081.00)
34neptun:($ 25,664.61)
35www:($ 25,313.57)
36arhag:($ 25,313.57)
37tradeqwik:($ 25,313.57)
38jabbasteem:($ 23,195.00)
39oldtimer:($ 23,081.12)
40kame:($ 22,893.24)
41christianity:($ 22,620.17)
42astralbat:($ 21,165.21)
43smooth-f:($ 21,094.64)
44drunchpunk:($ 20,877.94)
45aizensou:($ 20,349.34)
46damarth:($ 20,214.45)
47furion:($ 19,931.31)
48dollarvigilante:($ 19,308.98)
49hyndai:($ 18,985.18)
50officialfuzzy:($ 18,985.18)


AccountNet Transfer Amount
1ranchorelaxo:$ 1,424,792.99
2gigafart:$ 145,325.91
3surfyogi:$ 111,597.94
4livingfree:$ 93,585.80
5crypto-p:$ 76,926.26
6xaero1:$ 52,103.68
7deaddy:$ 52,052.33
8onealfa:$ 46,514.97
9seanpaul:$ 46,412.37
10dongu:$ 44,200.18
11eric818:$ 42,177.59
12inventor16:$ 37,411.11
13itchykitten:$ 37,194.66
14gekan:$ 32,802.96
15done:$ 30,144.24
16inuk:$ 29,459.76
17oceancoinz:$ 28,690.07
18ooooshit:$ 27,388.14
19eddie.rogovoy:$ 25,447.54
20simav7:$ 22,596.56
21greensmile:$ 21,935.06
22cleta:$ 21,094.62
23jxwonah:$ 20,843.84
24triplej:$ 20,453.22
25etherki:$ 20,176.60
26paviron:$ 20,117.82
27fyrstikken:$ 18,945.70
28webwizards:$ 18,337.47
29hardcore-crypto:$ 18,301.28
30herbs420:$ 17,605.45
31torholden:$ 16,981.19
32riolim:$ 16,735.29
33cfund:$ 16,713.59
34evolbud:$ 16,561.53
35catsfive:$ 16,123.78
36fractalnode:$ 15,798.75
37linxuan:$ 14,494.70
38qocnenvhrl:$ 14,061.65
39atomrigs:$ 13,635.06
40fatboy:$ 13,169.14
41eeqj:$ 12,748.66
42pagandance:$ 12,746.13
43flipstar:$ 10,989.12
44craigemslie:$ 10,349.05
45parker.hammer:$ 10,191.75
46omninova:$ 9,927.60
47ydauti:$ 9,588.05
48sambkf:$ 9,533.61
49juliank:$ 8,910.79
50lt770:$ 8,698.80

Withdrawal to Deposit Ratio by User Count over Time

click the image for an interactive graph


  • As mentioned above, this is the first report to include Steem Power deposits.

  • The withdrawal to deposit ratio is looking great at 2.02 to 1. As we move forward, I'll start removing older data from the graph so we can focus on the new values which include Steem Power.

  • We've got a huge new whale with @ranchorelaxo and it appears they are buying mostly via Steem Power. They even got Ned's attention:

  • @tombstone took out a huge amount at $1.5 million. Wow. I wonder if they're talking to a real estate agent.

  • The total outbound amount in USD terms this week was over $3 million. That's... pretty amazing.

  • The powerdown amounts for next week are in the green at 6.12%.

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


These are great statistics @lukestokes it really brings light to what is going on in this community. What power moves are being made and by who. Now onto the goal of becoming one of those whales...Excellent info keep it up! Cheers!

You're welcome and thank you!

WOW, thanks for the report... its good to know these things :)

Its so great that Steemit keeps growing and rising vert fast
since i joined in march i have only seen positive things happen
but people buying Steem Power is next level guys, congratulations to everyone here
im proud to be apart of the Beta Testers

Steem On! Brother

Thank you for the daily news reports.

I was referring to the information that you and many others put out every day. I was trying to be witty, "The Daily News". I guess I am not very good at it. Anyway I do appreciate it. It seems like it is a lot of work.

For weekly Steem & SBD values don't you think instead of mean you can use median values so as to negate the impact of outlier values...since we might see steep dip and rise so the mean won't give the correct picture...just a polite suggestion...overall a very good post to keep a track of the activities of all the stalwarts of steemit community...thanks for sharing :)

That's a great suggestion. Actually, since I'm now running my own price feed via my witness @lukestokes.mhth, I might even just reuse that data. I knew from the beginning the price wasn't going to be completely accurate, but I figured if I kept it consistent (which I have) it would still be useful when comparing data with previous reports. Since I'm making this change with including Steem Power and we're coming up on a year of this report this summer, maybe it's time to start thinking about some other changes as well.

Point taken...lemme know if there's anything I can help you with :)

paji you are correct you mathematical genius! :)

cool, I was wondering, how do I send steem power?

I don't think the web interface at allows for it, but it is a command which you could access if you had the cli_wallet installed and set up.

but many people have sent steempower and I recall a guide made by someone on it

All good man, at least it's updated now and going forward. Appreciate still producing this report. Especially with all you have going.....Time vs. Money dilemma, right? I actually posted about that earlier today :-)

Thanks and thanks for mentioning your post. I enjoyed it!

Nice writ-up, very educational.

I didn't know we could deposit steem power directly... thanks for sharing...

For almost a year I wasn't aware of it either. :)

i will give it a try...

Always the essential report :) I think it's great to see new players coming in, so that as a community, we can somehow support and fast track them into the game for supporting the currency!

Thanks Kevin!

Hopefully our new whale friend will learn about curation rewards soon. Regardless, I'm thankful for that counterbalance to tombstone's hefty withdrawal.

As I'm increasing my own Steem Power, I'm realizing even more how important votes are and how the responsibility to use them goes up as the influence goes up. Someone mentioned to me in chat recently how I accidentally upvoted a relatively new account which had a repeat history of plagiarism. Had to go turn those votes into flags instead.

Good point. So is all of the reward pool always paid out or if a whale chooses not to upvote are rewards left on the table?

Yep. That's what the "experiment" was all about a while back where whales were encouraged not to use their full votes and other whales were flagging whales who didn't follow along. The result was that each vote had more influence. I think this experiment led to the flatting of reward curves that are coming in the next hard fork.

Follow me please, comment on my post to follow back, thank gaess :)

This is the second time you're said the exact same thing as a comment on my blog. If you continue to do so, I'l flag them as spam.