Exchange Transfer Report: 7/22/2018 to 7/29/2018

in exchangereport •  last year 

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: $1.42812
  • SBD: $1.23137

Previous Report:

  • STEEM: $1.46506
  • SBD: $1.24239

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

101, 100, 99, 98, 97, 96, 95, 94, 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: 7/22/2018 to 7/29/2018

First included transfer: 2018-07-22T00:03:15+00:00
Last included transfer: 2018-07-28T23:54:42+00:00


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

@binance STEEM transfer total: 1,488,763.876
@binance SBD transfer total: 9.729
@upbit STEEM transfer total: 596,517.973
@upbit SBD transfer total: 528,287.830
@blocktrades STEEM transfer total: 226,129.196
@blocktrades SBD transfer total: 14,755.052
@huobi STEEM transfer total: 56,244.566
@huobi SBD transfer total: 0.000
@openledger STEEM transfer total: 53,711.496
@openledger SBD transfer total: -492.592
@rudex STEEM transfer total: 2,866.872
@rudex SBD transfer total: 24.747
@coinpayments.net STEEM transfer total: 7.528
@coinpayments.net SBD transfer total: 0.000
@bithumb STEEM transfer total: -0.246
@bithumb SBD transfer total: 0.000
@steemexchanger STEEM transfer total: -811.817
@steemexchanger SBD transfer total: -218.889
@gopax STEEM transfer total: -52,014.100
@gopax SBD transfer total: -30,544.878
@poloniex STEEM transfer total: -492,934.546
@poloniex SBD transfer total: -4,237.280
@bittrex STEEM transfer total: -1,466,480.454
@bittrex SBD transfer total: -447,416.723

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

Total STEEM transferred: -412,000.344
Total SBD transferred: -60,166.996
Total USD transferred: ($   662,473.07)

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

Accounts withdrawing: 4016
Average withdrawal amount: ($       312.30)
Median withdrawal amount: ($        12.31)

Accounts depositing: 2519
Average deposit amount:  $       147.34 
Median deposit amount:  $         4.99 

Ratio of withdrawals to deposits: 1.59/1

TOP 50 WITHDRAWALS THIS WEEK

AccountNet Transfer Amount
1alpha:($ 328,474.33)
2cdec84:($ 171,374.19)
3ngc:($ 65,997.32)
4done:($ 25,618.35)
5allpass:($ 15,250.97)
6tesam:($ 14,193.03)
7leomichael:($ 14,110.73)
8miyavi:($ 11,750.85)
9jerrybanfieldroi:($ 11,424.95)
10crawfish37:($ 11,397.96)
11purepinay:($ 10,123.31)
12pfunk3:($ 9,811.17)
13robert-call:($ 8,039.12)
14leesunmoo:($ 8,019.86)
15marabara:($ 7,766.89)
16instructor2121:($ 7,569.03)
17sochul:($ 7,502.59)
18dflhs21:($ 7,252.07)
19jimmylin:($ 6,198.95)
20orinoco:($ 5,892.33)
21cowongloball:($ 5,757.90)
22sambkf:($ 5,705.95)
23lafona-miner:($ 5,540.15)
24jesseluther:($ 5,077.90)
25roelandp:($ 4,998.41)
26rcarter:($ 4,907.64)
27wouter-v:($ 4,869.36)
28kimjungmin:($ 4,835.38)
29onehand:($ 4,579.64)
30happychau123:($ 4,521.16)
31freemoceanisnow:($ 4,358.07)
32ace.korengchina:($ 4,284.35)
33bytzz:($ 4,188.76)
34phlatattak:($ 3,860.20)
35slausonboy:($ 3,818.39)
36booster:($ 3,694.11)
37greenman:($ 3,614.57)
38pmartynov:($ 3,570.30)
39snubbermike:($ 3,453.54)
40reggaemuffin:($ 3,288.12)
41tradewonk:($ 3,245.37)
42onceuponatime:($ 3,213.49)
43anyx:($ 3,118.33)
44ausbitbank:($ 3,096.69)
45slavix:($ 3,057.50)
46hjk96:($ 3,056.34)
47teamsteem:($ 3,022.23)
48steemthebest:($ 2,888.05)
49lexiconical:($ 2,873.58)
50infovore:($ 2,856.24)

TOP 50 DEPOSITS THIS WEEK

AccountNet Transfer Amount
1enki:$ 67,711.79
2inceptionally:$ 25,690.45
3nathanmars:$ 24,363.02
4devrim:$ 23,603.97
5photoman:$ 21,034.97
6spinbunny:$ 19,565.21
7cryptoprowler:$ 17,938.94
8jsquare:$ 14,656.27
9eeks:$ 14,630.52
10modernpastor:$ 11,648.64
11delso:$ 11,642.69
12sandisk:$ 10,703.55
13beachinist:$ 9,746.32
14bobsrepair:$ 9,701.53
15jeffski1:$ 9,282.77
16velourex:$ 8,262.44
17swam:$ 7,314.47
18bengdui:$ 7,239.93
19dimimp:$ 7,139.16
20d8aco:$ 6,805.55
21tommyhansen:$ 6,656.40
22boscorp:$ 6,562.17
23korbit2:$ 5,855.09
24pdq:$ 5,569.66
25francium:$ 4,912.73
26onis:$ 4,747.58
27dennishlewis:$ 4,481.06
28ees:$ 4,359.57
29phrygiannakamoto:$ 4,284.34
30weee:$ 4,110.64
31tosch:$ 3,570.30
32blacks:$ 3,570.03
33drorion:$ 3,564.58
34abdulrafay12:$ 3,563.15
35hodolbak:$ 3,286.10
36panel:$ 3,140.43
37itstime:$ 2,910.74
38seraphim502:$ 2,835.94
39scienze:$ 2,797.81
40tard:$ 2,677.19
41marcocasario:$ 2,631.82
42ocs:$ 2,475.68
43richman:$ 2,337.59
44banca:$ 2,104.23
45sportherald-org:$ 2,082.13
46dreamants:$ 1,995.90
47peterchung:$ 1,919.87
48erhanoz:$ 1,865.14
49ksc:$ 1,829.96
50joanastrip:$ 1,801.00

Withdrawal to Deposit Ratio by User Count over Time


click the image for an interactive graph

Commentary

  • The accounts upbitsteemhot and upbituserwallet were added to the upbit exchange wallets.

  • Just like last week, @cdec84 is still withdrawing.

  • There is 10.49%% more Steem Power powering down this coming week compared to last 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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In other words Steem is not currently profitable. What can change this trend?

I've been tracking the same trends for over a year. There have been other weeks with far more in withdrawals heading out to exchanges.

As for what can change this trend, I don't know. Maybe many huge companies coming in to build on Steem and buying up STEEM to do it? Maybe the launch of SMTs?

Thanks your informative post. It's help me.

Very big withdraw 328,474.33 but deposit just 67,711.79

Information steem
My comment u vote

English you speak?

The withdraw for this week is really huge. You have a very good insight on the stermit board.
Thanks for sharing @lukestokes, nice one.

Yes, if we see these are loss of profits then how can Steem attract more deposits and less withdraw in terms of USD value?

You see Dana most guys are afraid of the fall of SBD right now, it will take the fearless person to deposit is raw cash into the steemit platform.

@lukestokes, This report is really appreciable and for sure this Report will reflect the effectivity of this platform and these kind of data will showcase an Impressive image outside the Steem Economy.

And all these numbers are great to watch and in my opinion this data is showcasing the picture about what opportunities Steem Sphere is holding and what benefits can be consumed in this Economy.

And real time yet not arrived and once the Prices will move towards uptrend then for sure we will going to see the great boost in numbers too.

Keep up this good work and wishing you an great day. Stay blessed. 🙂

  ·  last year (edited)

Hi @lukestokes ! I believe we definitely need the launch of SMTs to make developers and people to start buying steem and powering up. Thanks for keeping as updated on the steem transfers

By the way, I just wrote a post about the KARMA app, and thought you would be interested in checking out. I also mention you there.

https://steemit.com/karmaapp/@gold84/karma-app-dallasrushing-created-this-decentralized-app-on-eos-to-do-good-to-mankind-lukestokes-is-an-advisor-on-the-project

Looking forward to your thoughts!

Regards, @gold84

Now THIS is some important info, you earned my vote! no wonder my SteemUSD charts show prices going down for so long... the ratio has been over 1 for way too long! Let's hope that someone finds a way to salvage this ship before it's too late. Good luck to you and all other witnesses with upcoming HF20