Exchange Transfer Report: 8/6/2017 to 8/12/2017

in exchangereport •  2 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: $1.32266
  • SBD: $0.93704

Previous Report:

  • STEEM: $1.26309
  • SBD: $0.95597


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

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: 8/6/2017 to 8/12/2017

First included transfer: 2017-08-06T00:00:06+00:00
Last included transfer: 2017-08-12T23:59:45+00:00

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

@poloniex STEEM transfer total: 60,985.768
@poloniex SBD transfer total: 3,182.150
@bittrex STEEM transfer total: 588,302.584
@bittrex SBD transfer total: 96,243.571
@blocktrades STEEM transfer total: 193,288.626
@blocktrades SBD transfer total: 43,597.638
@openledger STEEM transfer total: -2,042.922
@openledger SBD transfer total: -263.904
@hitbtc STEEM transfer total: 3,131.238
@hitbtc SBD transfer total: -198.489
@changelly STEEM transfer total: -6,232.776
@changelly SBD transfer total: 0.000 STEEM transfer total: -214,064.976 SBD transfer total: 0.000 STEEM transfer total: -19,817.761 SBD transfer total: 0.000 STEEM transfer total: 626.909 SBD transfer total: -21.160

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

Total STEEM transferred: -604,176.690
Total SBD transferred: -142,539.806
Total USD transferred: ($   932,688.28)

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

Accounts withdrawing: 2812
Average withdrawal amount: ($       394.61)
Median withdrawal amount: ($        22.49)

Accounts depositing: 339
Average deposit amount:  $        62.93
Median deposit amount:  $        53.85

Ratio of withdrawals to deposits: 8.29/1


AccountNet Transfer Amount
1julianita:($ 139,202.33)
2fermion:($ 60,250.78)
3eeqj:($ 46,293.24)
4originate:($ 41,002.58)
5paco-steem:($ 38,141.09)
6penguinpablo:($ 19,601.88)
7craig-grant:($ 19,253.52)
8ooooshit:($ 18,904.04)
9steemaccess:($ 15,871.97)
10kaylinart:($ 15,132.60)
11jabbasteem:($ 14,592.54)
12lifewordmission:($ 14,369.45)
13onceuponatime:($ 13,226.64)
14tguelzow:($ 13,183.88)
15trevonjb:($ 12,051.55)
16cardiff:($ 11,885.77)
17tamim:($ 11,832.08)
18summon:($ 11,207.64)
19markg:($ 10,484.62)
20jejujinfarm:($ 10,236.48)
21cljg918:($ 9,665.18)
22gidkit:($ 9,368.42)
23tatianamoroz:($ 8,421.07)
24furion:($ 7,935.98)
25papa-pepper:($ 7,935.98)
26gigafart:($ 7,400.75)
27nextgencrypto:($ 7,274.63)
28brooke5342:($ 7,198.77)
29xeroc:($ 6,974.09)
30inchonbitcoin:($ 6,961.18)
31yan-kovalenko:($ 6,721.86)
32tiagd:($ 6,613.32)
33novina:($ 6,205.32)
34trail:($ 5,976.22)
35katyakov:($ 5,518.89)
36ntnhoa1981:($ 5,513.62)
37weast:($ 5,425.53)
38cryptonow:($ 5,384.07)
39thecryptofiend:($ 5,295.53)
40schonewille:($ 5,292.75)
41bleujay:($ 5,158.39)
42james212:($ 5,109.53)
43gurusapphire:($ 5,082.06)
44marginal:($ 5,011.27)
45smooth-a:($ 4,685.20)
46anyx:($ 4,578.10)
47darthnava:($ 4,113.48)
48vintagebazaar:($ 4,108.77)
49mindhunter:($ 4,087.72)
50save:($ 4,030.24)


AccountNet Transfer Amount
1czechglobalhosts:$ 26,128.98
2pandit:$ 11,047.42
3hwan100:$ 10,530.60
4strongdelegator:$ 10,390.02
5euey:$ 9,126.33
6lawrenceho84:$ 5,672.91
7cryptographic:$ 5,494.52
8hooshang:$ 5,460.23
9knircky:$ 5,110.38
10crypto-p:$ 3,765.39
11vandrei.razvan:$ 3,392.61
12foodie.warrior:$ 3,382.95
13simonjones:$ 3,306.65
14netuoso:$ 2,829.24
15pentahedron:$ 2,342.59
16arkh:$ 2,122.74
17jefft:$ 1,953.69
18fem-of-war:$ 1,884.74
19raised2b:$ 1,733.93
20bryner:$ 1,647.28
21sammosk:$ 1,623.96
22cryptastic:$ 1,595.44
23elysiian:$ 1,421.94
24popson213:$ 1,388.80
25abigail-dantes:$ 1,322.65
26donghyunkim:$ 1,322.64
27mjh2521:$ 1,320.02
28bunnychum:$ 1,145.78
29delusionalmadman:$ 1,137.25
30spicetrader:$ 1,110.60
31cryptoeera:$ 1,110.39
32flexcougar:$ 1,034.37
33holgerwerner:$ 1,027.68
34steemlit:$ 1,022.26
35kwakumax:$ 991.98
36ghuss123:$ 991.97
37blackoutbench:$ 988.44
38golbang:$ 984.80
39rudystyle:$ 965.34
40dylanjorgensen:$ 932.31
41tizswa:$ 930.85
42oregonpop:$ 925.85
43https:$ 881.78
44sophial:$ 881.42
45stuntworksinc:$ 858.12
46gavvet:$ 853.63
47enta:$ 798.44
48michaelo:$ 793.59
49borisg:$ 710.43
50communitynews:$ 702.24

Withdrawal to Deposit Ratio by User Count over Time

click the image for an interactive graph


  • Now that I've been doing this report for a year, I thought it would be time to spruce things up a bit around here! We have a brand new header image, thanks to @kyriacos! I asked for some options a few days ago and got some really great responses. Here are some others, and it was hard to pick a winner!

    by @norik

    by @aurealistic

  • I've removed the old data from the withdrawal to deposit ratio graph which didn't include Steem Power transfers. You can still view that data on previous reports.

  • The withdrawal to deposit ratio is quite high at 8.29 to 1. Maybe more people are cashing out to ride the BTC wave!

  • Almost a million dollars heading out the door. I used to be discouraged by those big numbers, but when you think about blogging as the new mining, it may not be much different that miners selling their coins to support their work.

  • The top of the withdrawal charts on this week's report seems to be from an account with a -6 reputation who was big in the nsfw category. Guess they were sharing pirated material? I don't know, I didn't look into it myself. :)

  • Our largest deposit is from a two-month-old account @czechglobalhosts which seems like a cool travel blog. Check it out.

  • The powerdown amounts for next week is only slightly in the red at less than 1%. Last week I wondered if the 4% red powerdown would lead to a higher withdrawal ratio. It did.

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

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How could miners support the network by selling their coins?

You are doing a great job my friend. Thanks a lot and keep it uu.

Due to your hardwork here and top quality posts which are undervalued, I hereby add you in my (after reaching a mile stone) in order to better send in my support to your good work and quality posts...keep it up and more success.

Thanks for the update once more.
your post on steem power inspired me to write my new post ...check it out, I referenced you there. More success to you

Thanks, now I know a lot of useful informations because of this post.
Upvoted and follow your account!


  ·  2 years ago (edited)

Nice work 👍👍

Thank you for your hard work! I am going to be a depositor myself.
It would be nice if coders could add power ups and downs into a value chart we can look at to get a better picture of steem and steem dollars overall value. Even better if it could be built into the platform with an interactive charting display.

Looks like another opportunity to pick up more steem with a biased withdrawal ratio. The price and deposits should climb again shortly, once BTC hits another benchmark. Bitcoin is a pretty dependable catalyst for market change.

A withdrawal of $139,202.33
That is absolutely crazy. Absolutely mind blowing to see the huge capabilities of steem. Annoying how Bittrex and Poloniex keep putting their wallets under maintenance which intern increasing the selling pressure.
Thank you for the statistic and analysis @lukestokes

Very informative post with useful informations, good job, upvoted, resteemed and follow your account! Have a nice sunday, greetings from Hungary!

Nice post!

awesome hehe

Interesting ...

Whewwww, nosebleed here haha. I want to appreciate your ways here, and thank you for even making a comment on a newbie like me here.

As I am your follower, it would help me a lot if you will find time on my second post, hopefully it will be my turn to nosebleed you there haha:


Thanks man!!! I saw your upvote, it means a lot to encourage a newbie like me here. Well actually not a newbie, this is my very first social media platform believe it or not. Regards.

Good one

aún soy pequeño para aparecer en una de esas listas, pero estoy seguro que lo estaré en la lista de los depósitos, pues mi plan invertir en esta plataforma y a largo plazo, será como un plan de retiro, aunque no pienso retirarme jamás de este tipo de emprendimiento. Gracias por publicar la información. Mucha gente aún no cree que es posible generar ingresos por internet. Mi upvote para este post.

I just posted my fourth daily installment man; hope you pass by to read. Thanks.

  ·  2 years ago (edited)

I wanna see my name in this list of highest withdrawals in the near future.

With the withdrawals and not the deposits?

Withdrawals, to me, are for people who don't see the long-term vision and value of this platform. I've never been on it, myself.

My policy is that the more i withdraw the more i can deposit By doubling steem with other cryptocurrencies.

@lukestokes I was about to say that :D