Exchange Transfer Report: 10/30/2016 to 11/05/2016

in stats •  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 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: $0.13505
  • SBD: $0.81049

Previous Report:

  • STEEM: $0.17093
  • SBD: $0.92329


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

13, 12, 11, 10, 9, 8, 7, 6, 5, 4, 3, 2, 1

Top 50 Accounts Transferring to and from Exchanges: 10/30/2016 to 11/05/2016

First included transfer: 2016-10-30T00:03:06+00:00
Last included transfer: 2016-11-05T23:59:06+00:00

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

@poloniex STEEM transfer total: 697,540.118
@poloniex SBD transfer total: -20,827.544
@bittrex STEEM transfer total: -112,070.369
@bittrex SBD transfer total: 7,419.549
@blocktrades STEEM transfer total: 179,168.662
@blocktrades SBD transfer total: 6,705.818
@openledger STEEM transfer total: 29,312.585
@openledger SBD transfer total: 0.000
@hitbtc STEEM transfer total: -28.160
@hitbtc SBD transfer total: 71.536
@changelly STEEM transfer total: 2,806.266
@changelly SBD transfer total: -340.596
@shapeshiftio STEEM transfer total: 2,471.703
@shapeshiftio SBD transfer total: 0.000

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

Total STEEM transferred: -799,200.805
Total SBD transferred: 6,971.237
Total USD transferred: ($   102,285.30)

----------- Total Transferred, Excluding Steemit2 Account ------------

Total STEEM transferred (excluding steemit2): -399,200.805
Total SBD transferred (excluding steemit2): 9,171.237
Total USD transferred (excluding steemit2): ($    46,480.56)

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

Accounts withdrawing: 838
Average withdrawal amount: ($       268.22)
Median withdrawal amount: ($         7.67)

Accounts depositing: 210
Average deposit amount:  $       146.16
Median deposit amount:  $        60.21

Ratio of withdrawals to deposits: 3.99/1


AccountNet Transfer Amount
1@steemit2:($ 55,804.75)
2@wildwex:($ 29,357.58)
3@ned:($ 14,376.23)
4@xeroc:($ 7,294.39)
5@dan:($ 5,415.67)
6@steemrollin:($ 5,169.19)
7@steemed:($ 3,999.82)
8@steemfest:($ 3,734.19)
9@bitfilm:($ 3,457.33)
10@fabien:($ 3,402.41)
11@dantheman:($ 3,394.18)
12@herbal:($ 3,271.21)
13@kush:($ 3,076.20)
14@cloop1:($ 3,041.46)
15@thedouche:($ 2,867.47)
16@smooth-c:($ 2,698.64)
17@berniesanders:($ 2,295.92)
18@enki:($ 2,160.54)
19@analisa:($ 2,066.93)
20@dragonslayer109:($ 1,938.01)
21@james-show:($ 1,848.37)
22@anastacia:($ 1,839.39)
23@anwenbaumeister:($ 1,706.08)
24@steempty:($ 1,692.70)
25@complexring:($ 1,677.15)
26@wayfairer:($ 1,578.24)
27@steempower:($ 1,460.68)
28@ashleigh:($ 1,453.30)
29@summon:($ 1,350.54)
30@jaewoocho:($ 1,301.43)
31@falkvinge:($ 1,219.72)
32@azeroth:($ 1,161.13)
33@sonsy:($ 1,114.01)
34@anyx:($ 1,002.33)
35@mika:($ 957.68)
36@sweetsssj:($ 883.16)
37@perspective:($ 861.38)
38@georgedonnelly:($ 833.75)
39@furion:($ 826.69)$ 818.59)
41@bento:($ 789.25)
42@wang:($ 772.78)
43@fuzzyvest:($ 762.74)
44@ani625:($ 738.27)
45@menta:($ 729.23)
46@charlieshrem:($ 725.69)
47@ericvancewalton:($ 715.86)
48@pharesim:($ 705.98)
49@ozchartart:($ 675.27)
50@aleksandraz:($ 615.81)


AccountNet Transfer Amount
1@hendrikdegrote:$ 17,573.29
2@fyrstikken:$ 7,658.67
3@btcmsia:$ 7,565.35
4@smooth:$ 7,294.39
5@abdullar:$ 6,349.43
6@neptun:$ 5,584.82
7@alpha:$ 4,251.92
8@leesunmoo:$ 3,833.75
9@twinner:$ 3,472.15
10@diahla31:$ 2,836.13
11@dimimp:$ 2,526.26$ 2,365.05
13@cylonmaker2053:$ 2,192.55
14@steemit-life:$ 2,129.78
15@shaka:$ 2,092.65
16@nextgencrypto:$ 2,071.78
17@paws1t1veev:$ 1,988.66
18@anotherjoe:$ 1,927.60
19@recursive:$ 1,728.12
20@liondani:$ 1,639.61
21@sigizzang:$ 1,530.93
22@spanishgirl3:$ 1,418.07
23@psylains:$ 1,403.86
24@msbc1509:$ 1,387.84
25@sandrino:$ 1,361.48
26@gavvet:$ 1,322.72
27@fran2k:$ 1,300.66
28@brains:$ 1,265.46
29@sponge-bob:$ 1,222.64
30@onceuponatime:$ 1,020.58
31@renohq:$ 1,000.50$ 968.76
33@eeks:$ 945.38
34@movievertigo:$ 934.27
35@ssm1810:$ 888.75
36@cardiff:$ 861.81
37@geoffrey:$ 840.40
38@vip:$ 787.90
39@cryptos:$ 771.41
40@cass:$ 653.95
41@novina:$ 564.47
42@slowwalker:$ 501.07
43@veritassapere:$ 413.49
44@futurefood:$ 405.24
45@vortac:$ 404.55
46@mrciano:$ 384.70
47@redpalestino:$ 381.35
48@thecryptofiend:$ 324.80
49@rapracorreo:$ 302.63
50@booja:$ 299.27

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.


click the image for an interactive graph


click the image for an interactive graph


click the image for an interactive graph

Withdrawal to Deposit Ratio by User Count over Time

click the image for an interactive graph


  • Who is @hendrikdegrote and what do they know about Steemit that the rest of us don't? They've dropped a lot of money into Steemit over the past couple months. From one perspective, they are funding this thing.

  • @steemit2 dropping 400k STEEM. That's quite a bit. Hurray for redistribution!

  • Could this be @dan and @ned's last power down/exchange transfer for a while? If you dive through the comments on the latest Steem Economic Changes Update from @dantheman, they said they wouldn't power down for three months if this new approach gets implemented (3 month power down instead of 2 years). Maybe they read my commentary from early October after all.

  • I already resteemed it, but I wanted to mention it here also. If you like this report, be sure to check out @fooblic's STEEM flows report where STEEM and SBD per minute is calculated and displayed. Very interesting stuff.

  • If you were following the exchange prices this week, you noticed a bit of a recovery and the total USD amount heading out to exchanges isn't as much this week as it was last week (-$102,285 compared to -$193,797). Could this and the proposed economic changes be a sign of a sustained price recovery? Or could the 3-month power down cause a wave of whale dumps driving the price even lower? Stay tuned to find out. :)

  • Unfortunately I won't be at Steemfest next week as my company is sponsoring a tech conference in D.C. We're road tripping out there as a family, and my business partner and I will be working the booth, selling people on I'll be thinking of you all. Have a great time!

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.

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Excellent job, congratulations


Thank you! I've been doing this report for a while now, and it's always encouraging when people appreciate it. :)

Upvoted and shared on Twitter✔. Thanks again for another great set of stats. Stephen


StephenPKendal Stephen P Kendal tweeted @ 08 Nov 2016 - 08:05 UTC

Exchange Transfer Report: 10/30/2016 to 11/05/2016..!! @Steemit… /

Disclaimer: I am just a bot trying to be helpful.

I am expecting the November 3 lows to hold forever.


That would be nice, but... I dunno. I think there are a lot of whales (early miners with little direct financial investment) who wouldn't mind dumping over a three month period to invest in other coins. That'll be a lot of quick downward pressure. I won't be surprised to see lower prices.

Great info Luke

@lukestrokes, thank you for mentioning my report. It is most valuable reward!


It's a great report! Well done.