Exchange Transfer Report: 8/27/2017 to 9/2/2017

in exchangereport •  last year

exchange_transfer_report_header.png

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: $1.37542
  • SBD: $0.94436

Previous Report:

  • STEEM: $1.21304
  • SBD: $0.88668

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.

Previous Reports

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: 8/27/2017 to 9/2/2017

First included transfer: 2017-08-27T00:00:57+00:00
Last included transfer: 2017-09-02T23:58:03+00:00


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

@poloniex STEEM transfer total: 174.856
@poloniex SBD transfer total: 0.000
@bittrex STEEM transfer total: 1,148,489.858
@bittrex SBD transfer total: 207,828.287
@blocktrades STEEM transfer total: 220,965.677
@blocktrades SBD transfer total: -42,165.144
@openledger STEEM transfer total: 32,686.227
@openledger SBD transfer total: -3,568.453
@hitbtc STEEM transfer total: 0.000
@hitbtc SBD transfer total: 0.000
@changelly STEEM transfer total: -50,966.527
@changelly SBD transfer total: -1,265.118
@freewallet.org STEEM transfer total: 4,746.384
@freewallet.org SBD transfer total: 0.000
@livecoin.net STEEM transfer total: 4,425.618
@livecoin.net SBD transfer total: 0.000
@coinpayments.net STEEM transfer total: 7,459.607
@coinpayments.net SBD transfer total: -2,115.009

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

Total STEEM transferred: -1,367,981.700
Total SBD transferred: -158,714.563
Total USD transferred: ($ 2,031,434.61)

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

Total STEEM transferred (excluding steemit): -1,367,981.700
Total SBD transferred (excluding steemit): -158,715.873
Total USD transferred (excluding steemit): ($ 2,031,435.85)

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

Accounts withdrawing: 3113
Average withdrawal amount: ($       708.98)
Median withdrawal amount: ($        23.63)

Accounts depositing: 358
Average deposit amount:  $        56.42 
Median deposit amount:  $        64.71 

Ratio of withdrawals to deposits: 8.70/1

TOP 50 WITHDRAWALS

AccountNet Transfer Amount
1alpha:($ 275,084.10)
2alot:($ 137,542.11)
3samupaha:($ 110,033.69)
4korbit:($ 98,195.41)
5fuzzyvest:($ 97,793.89)
6happychau123:($ 94,524.41)
7speda:($ 75,242.41)
8steemstermon:($ 71,521.90)
9alittle:($ 68,784.81)
10wang:($ 68,771.06)
11topinvestor2021:($ 62,852.27)
12enki:($ 48,991.93)
13originate:($ 41,262.63)
14robert-call:($ 28,168.50)
15eeqj:($ 27,508.42)
16paco-steem:($ 26,667.70)
17maa:($ 25,446.64)
18fminerten:($ 21,560.05)
19arsahk:($ 20,336.32)
20william99:($ 16,576.58)
21cass:($ 15,671.56)
22steemit-life:($ 15,386.00)
23lifewordmission:($ 14,959.17)
24joshbreslauer:($ 13,754.21)
25kiporen212:($ 11,643.74)
26nextgencrypto:($ 11,142.91)
27trevonjb:($ 11,017.86)
28jejujinfarm:($ 10,656.08)
29feruz:($ 10,268.07)
30cljg918:($ 9,665.62)
31kwak:($ 9,627.95)
32intenex:($ 9,483.74)
33captiva:($ 9,168.64)
34fredwright:($ 8,849.55)
35gekan:($ 8,670.65)
36officialfuzzy:($ 7,521.68)
37gigafart:($ 7,456.62)
38xeroc:($ 7,264.97)
39steemaccess:($ 7,155.59)
40onceuponatime:($ 7,035.90)
41hedge-x:($ 7,014.81)
42staroot:($ 6,878.48)
43payout:($ 6,468.86)
44steemfest:($ 6,448.52)
45timsaid:($ 5,832.63)
46crypto-p:($ 5,715.42)
47corn113:($ 5,561.15)
48kerkyra:($ 5,501.68)
49superremnant:($ 5,455.30)
50peacephilpanda:($ 5,447.81)

TOP 50 DEPOSITS

AccountNet Transfer Amount
1ghasemkiani:$ 18,885.89
2jackmiller:$ 8,533.72
3tumutanzi:$ 7,770.49
4jaki01:$ 7,481.12
5eco-alex:$ 5,556.05
6elysiian:$ 5,510.09
7leongkhan:$ 4,961.91
8cryptononymous:$ 4,940.68
9travelbybit:$ 4,523.12
10mchalem:$ 4,323.11
11ashe-oro:$ 4,140.98
12ananuaremere:$ 4,126.25
13lhllhl07:$ 4,025.36
14nalabra:$ 2,973.34
15omdemian:$ 2,833.06
16sneaky-ninja:$ 2,757.69
17taiwoodedairo:$ 2,755.90
18nxtblg:$ 2,415.28
19cryptographic:$ 2,283.45
20smidelle:$ 2,207.30
21bcloud:$ 2,154.60
22omar.almentheri:$ 1,841.38
23arj94:$ 1,446.94
24judasp:$ 1,444.16
25bhenton:$ 1,406.61
26healings:$ 1,402.92
27eazyh:$ 1,401.70
28twinbraid:$ 1,376.78
29craftybadger:$ 1,375.41
30cloaker88:$ 1,375.38
31marshallevans:$ 1,331.80
32flatvsround.com:$ 1,327.87
33peeniewally:$ 1,251.17
34toktok:$ 1,140.82
35karitz5:$ 1,135.09
36cryptokens:$ 1,118.02
37larsbolvig:$ 1,100.30
38dhimmel:$ 1,047.16
39forkpullmerge:$ 1,022.88
40masciangelo:$ 1,008.34
41livebybit:$ 991.75
42tatenda:$ 990.30
43hwawol:$ 948.92
44d-pend:$ 902.25
45amobuk:$ 894.00
46ningyojukai:$ 890.18
47deedubya89:$ 846.70
48bronevik:$ 839.29
49lkd:$ 825.21
50photobomb:$ 805.97

Withdrawal to Deposit Ratio by User Count over Time


click the image for an interactive graph

Commentary

  • The withdrawal to deposit ratio finally came down a bit at 8.70 to 1!

  • @alpha, @alot, and @samupaha topped the withdrawal list this week with over $100k each. Wow.

  • @ghasemkiani topped the deposit list this week and appears to be doing a whole lot of self-voting spam. Not encouraging. These are not the type of Steemit supports we want here, is it? :(

  • Another $2M heading out the door this week, but slightly less than last week.

  • The powerdown amounts for next week is in the green at 17.07%.


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 UnderstandingBlockchainFreedom.com

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Thank you @lukestokes for the useful report.

The current situation is worrying IMO. I was expecting a much better situation after the dev team announced that many enhancements are coming soon.

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The cryptocurrency market isn't very logical or reasonable, unfortunately. I think STEEM and BitShares should be worth much more as they are technically some of the most efficient blockchains out there while offering real utility. Unfortunately speculation on projects that aren't even doing much yet seems to be what the market likes better.

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Unfortunately speculation on projects that aren't even doing much yet seems to be what the market likes better

Because those projects are not running yet, their supporters can say: the sky is the limit. But once they start working really, everyone will see how good or bad they really are?

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Yeah, I think that may be the case.

Thanks....​

There is still very big disparity between withdrawals and deposits , thanks for sharing this...good job

simply awesome

Thanks for information! i 'm voting you as a witness

Nice info, thanks @lukestokes

Very interesting numbers in this report. I will have to check out your other reports. I love the statistics and getting to know more about what's going on. Always learning. Thanks for sharing.

steemit post is very intesting,thanks nice info.

a very good post and can be made in an example.

Wow it seems like there are still a lot of people withdrawing and taking money out of steemit and it doesn't seem like the deposits are catching up.
Great to see steem and sbd have been recovering in price but this recent plunge in the market doesn't seem to help as steem seemed as if it was going to start going up even more @lukestokes

Damn it, Bobby!

Thanks for the information @lukestokes. I'm starting to learn how to invest in Steemit. :)