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 hourly breakdown graphs, I show the USD values using the weighted average for that day. For the top 50 reports in USD terms, I then took the average USD value for STEEM and SBD for the week using the daily average which came out to:

• STEEM: $0.15315
• SBD: $1.01213

Previous Report:

• STEEM: $0.16223
• SBD: $1.00998

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

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: 1/22/2017 to 1/28/2017

First included transfer: 2017-01-22T00:00:24+00:00
Last included transfer: 2017-01-28T23:57:18+00:00

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

@poloniex STEEM transfer total: 472,653.913
@poloniex SBD transfer total: -3,772.696
@bittrex STEEM transfer total: -3,000.530
@bittrex SBD transfer total: -1,230.479
@blocktrades STEEM transfer total: 5,629.374
@blocktrades SBD transfer total: 4,138.362
@openledger STEEM transfer total: 6,851.982
@openledger SBD transfer total: 0.000
@hitbtc STEEM transfer total: -83.052
@hitbtc SBD transfer total: 0.012
@changelly STEEM transfer total: 17,175.584
@changelly SBD transfer total: -834.854
@shapeshiftio STEEM transfer total: 209.121
@shapeshiftio SBD transfer total: 0.000
@freewallet.org STEEM transfer total: -28,044.299
@freewallet.org SBD transfer total: 0.000

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

Total STEEM transferred: -471,392.093
Total SBD transferred: 1,699.655
Total USD transferred: ($    70,475.21)

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

Accounts withdrawing: 1056
Average withdrawal amount: ($       225.06)
Median withdrawal amount: ($         9.39)

Accounts depositing: 121
Average deposit amount:  $       158.32
Median deposit amount:  $        62.40

Ratio of withdrawals to deposits: 8.73/1

TOP 50 WITHDRAWALS

	Account	Net Transfer Amount
1	steemed:	($ 36,905.49)
2	berniesanders:	($ 24,504.60)
3	smooth.witn.ssf:	($ 16,283.57)
4	ilovesteemit:	($ 14,549.92)
5	riverhead:	($ 12,651.64)
6	apollo:	($ 11,743.22)
7	cloop1:	($ 6,720.46)
8	nextgencrypto:	($ 6,214.77)
9	wayfairer:	($ 6,151.31)
10	silversteem:	($ 5,131.32)
11	drunchpunk:	($ 4,879.99)
12	witness.svk:	($ 4,368.05)
13	bitgate-ico1:	($ 3,828.84)
14	joseph:	($ 3,632.01)
15	smooth-f:	($ 3,063.08)
16	ani625:	($ 2,788.80)
17	cryptoctopus:	($ 2,775.91)
18	steemrollin:	($ 2,529.73)
19	charlieshrem:	($ 2,291.56)
20	hanyuu:	($ 2,207.71)
21	aizensou:	($ 2,137.54)
22	silver:	($ 2,030.58)
23	steemychicken1:	($ 1,885.68)
24	summon:	($ 1,885.23)
25	anyx:	($ 1,883.64)
26	wingz:	($ 1,699.86)
27	rabbit-00:	($ 1,473.07)
28	ericvancewalton:	($ 1,464.24)
29	kushed:	($ 1,304.29)
30	steempty:	($ 1,163.18)
31	cryptogee:	($ 1,054.67)
32	lafona-miner0:	($ 1,025.91)
33	boatymcboatface:	($ 965.00)
34	masteryoda:	($ 938.75)
35	nabilov:	($ 927.86)
36	tuck-fheman:	($ 847.97)
37	starttheart:	($ 822.63)
38	calaber24p:	($ 719.79)
39	richman:	($ 704.18)
40	steemcleaners:	($ 676.41)
41	coldstorage1:	($ 626.82)
42	dele-puppy:	($ 622.28)
43	salva82:	($ 612.62)
44	kencode:	($ 597.77)
45	jabbasteem:	($ 576.08)
46	kimverpool:	($ 570.32)
47	beanz:	($ 567.95)
48	panadacoin:	($ 543.39)
49	thylbom:	($ 534.63)
50	the-alien:	($ 506.06)

TOP 50 DEPOSITS

	Account	Net Transfer Amount
1	diplo:	$ 17,741.97
2	renohq:	$ 17,354.99
3	thejohalfiles:	$ 16,617.83
4	tamim:	$ 13,860.04
5	steemaccess:	$ 13,565.30
6	transisto:	$ 13,554.12
7	snowflake:	$ 11,407.35
8	someonewhoisme:	$ 10,720.76
9	dunia:	$ 9,267.04
10	pkoi:	$ 6,738.76
11	pacemaker:	$ 6,126.15
12	smooth-a:	$ 5,480.08
13	famunger:	$ 2,707.80
14	freeyourmind:	$ 2,297.31
15	thisvsthis:	$ 2,297.31
16	vortac:	$ 1,376.30
17	fyrstikken:	$ 1,015.17
18	dragonslayer109:	$ 963.10
19	dimimp:	$ 937.29
20	joshbreslauer:	$ 926.38
21	nikolai:	$ 907.90
22	onceuponatime:	$ 863.02
23	cylonmaker2053:	$ 840.31
24	slickwilly:	$ 647.28
25	ramta:	$ 641.71
26	exyle:	$ 570.35
27	clayboyn:	$ 471.65
28	craig-grant:	$ 448.51
29	michaeldodridge:	$ 374.80
30	royalmacro:	$ 371.44
31	gct:	$ 346.93
32	jamtaylor:	$ 303.64
33	xtar:	$ 302.76
34	neogia:	$ 281.67
35	enki:	$ 246.74
36	bitcoinbarrel:	$ 237.00
37	jonathanyoung:	$ 227.17
38	schattenjaeger:	$ 204.72
39	jacobcards:	$ 199.10
40	dan-atstarlite:	$ 175.50
41	selinakristin:	$ 174.60
42	da-dawn:	$ 170.17
43	mynameismud:	$ 167.66
44	judasp:	$ 162.11
45	sebastianjago:	$ 154.76
46	luckyluk:	$ 153.23
47	asshole:	$ 148.56
48	blacklist:	$ 148.56
49	abarefootpoet:	$ 142.01
50	ancap47:	$ 140.16

Hourly Breakdown by Exchange

Here are the hourly breakdowns for the past week as interactive graphs. The code I use to get this data is on Github if you want to poke at it yourself.

STEEM

click the image for an interactive graph

SBD

click the image for an interactive graph

USD

click the image for an interactive graph

Withdrawal to Deposit Ratio by User Count over Time

click the image for an interactive graph

Commentary

• To be a good STEEMit citizen, I'm removing the @ symbols from this report. If the people mentioned here are using the site, they might not want to get a bunch of browser notifications every week just to see themselves mentioned in a long list.

• 8.73 to 1? Really? That's the highest ratio we've seen yet. 1056 accounts transferred STEEM or SBD to an exchange while only 121 accounts transferred off an exchange into their personal Steemit account. How I can view that as good? I dunno... I get how STEEM needs to be more widely distributed for this system to take off which means whales need to sell and distribute STEEM, but that means more people need to actually buy in, right?

• The current withdrawal to deposit ratio makes me feel like a sucker for not going along with the crowd. Maybe I'll never see a return on my investment. Or maybe... maybe it's a good time to be a contrarian investor and buy.

• @diplo's only post explains their rationale for topping the deposit list this week. It's a good read and quite encouraging for long-term STEEM investors like myself.

• @thejohalfiles is still buying. @renohq appears to be a chinese account.

• The powerdown amounts for next week are mostly green with only Wed and Sat in the red (2.2% and 8.4%).

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