Exchange Transfer Report: 10/9/2016 to 10/15/2016

in stats •  2 years ago


This week I added @shapeshiftio, reworked the code to combine @hitbtc-exchange and @hitbtc-payout activity as just hitbtc, and put together an interactive graph of the withdrawal to deposit ratio.

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: $0.29820
  • SBD: $0.93242

Previous Report:

  • STEEM: $0.41880
  • SBD: $0.92394


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

Top 50 Accounts Transferring to and from Exchanges: 10/09/2016 to 10/15/2016

First included transfer: 2016-10-09T00:23:39+00:00
Last included transfer: 2016-10-15T23:59:21+00:00

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

@poloniex STEEM transfer total: 344,920.815
@poloniex SBD transfer total: -28,801.212
@bittrex STEEM transfer total: 71,729.691
@bittrex SBD transfer total: 3,342.847
@blocktrades STEEM transfer total: -13,484.582
@blocktrades SBD transfer total: 5,640.037
@openledger STEEM transfer total: 6,809.780
@openledger SBD transfer total: -8.988
@hitbtc STEEM transfer total: -1,317.971
@hitbtc SBD transfer total: -116.524
@changelly STEEM transfer total: -22,898.075
@changelly SBD transfer total: 5,776.020
@shapeshiftio STEEM transfer total: -6,337.382
@shapeshiftio SBD transfer total: 318.022

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

Total STEEM transferred: -379,422.276
Total SBD transferred: 13,849.798
Total USD transferred: ($   100,229.22)

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

Accounts withdrawing: 950
Average withdrawal amount: ($       224.13)
Median withdrawal amount: ($         7.40)

Accounts depositing: 188
Average deposit amount:  $       118.62
Median deposit amount:  $       101.03

Ratio of withdrawals to deposits: 5.05/1


AccountNet Transfer Amount
1@ned:($ 32,801.80)
2@steemfest:($ 13,447.98)
3@inventor:($ 9,478.94)
4@dantheman:($ 6,349.50)
5@steempower:($ 6,060.72)
6@nextgencrypto:($ 5,784.28)
7@steemed:($ 5,526.14)
8@anwenbaumeister:($ 4,806.09)
9@smooth-c:($ 4,686.56)
10@clayop:($ 4,014.33)
11@asmolokalo:($ 3,729.67)
12@ozchartart:($ 3,696.39)
13@james-show:($ 3,284.16)
14@fuzzyvest:($ 3,019.75)
15@summon:($ 2,981.98)
16@jaredhowe:($ 2,428.95)
17@paws1t1veev:($ 2,344.82)
18@pharesim:($ 2,087.39)
19@cloop1:($ 2,034.19)
20@complexring:($ 1,998.72)
21@steemdrive:($ 1,996.91)
22@steempty:($ 1,927.94)
23@xeroc:($ 1,864.84)
24@val-a:($ 1,789.19)
25@lafona-miner0:($ 1,747.85)
26@charlieshrem:($ 1,736.48)
27@steemitcasino:($ 1,708.83)
28@cryptoprometheus:($ 1,640.09)
29@enki:($ 1,617.29)
30@wayfairer:($ 1,611.74)
31@laonie:($ 1,507.20)
32@help-yourself:($ 1,491.87)
33@joseph:($ 1,431.48)
34@wang:($ 1,411.67)
35@james212:($ 1,355.21)
36@on0tole:($ 1,332.26)
37@ericvancewalton:($ 1,295.93)$ 1,230.40)
39@bitspace:($ 1,194.79)
40@anyx:($ 1,187.44)
41@eneismijmich:($ 1,104.56)
42@silversteem:($ 1,090.62)
43@drunchpunk:($ 1,014.57)
44@coldstorage1:($ 973.12)
45@dele-puppy:($ 958.71)
46@natureofbeing:($ 932.44)
47@calaber24p:($ 901.98)
48@lifeisawesome:($ 891.71)
49@chhaylin:($ 840.11)
50@inertia:($ 822.97)


AccountNet Transfer Amount
1@thejohalfiles:$ 11,979.49
2@goldenunicorn:$ 9,208.48
3@sochul:$ 7,058.95
4@yoonjang0707:$ 5,996.99
5@jejujinfarm:$ 5,963.96
6@ioc:$ 5,184.33
7@dimimp:$ 4,705.32
8@luckyguy:$ 4,083.22
9@thisvsthis:$ 3,860.89
10@robrigo:$ 2,462.81
11@riverhead:$ 2,420.86
12@nanzo-scoop:$ 2,236.49
13@dongu:$ 2,136.73
14@vip:$ 1,948.75
15@kimverpool:$ 1,898.62
16@secom:$ 1,502.63
17@vortac:$ 1,491.29
18@fyrstikken:$ 1,490.99
19@signalandnoise:$ 1,459.45
20@steemit-life:$ 1,351.32
21@renohq:$ 1,212.14
22@kdj:$ 1,212.13
23@inchonbitcoin:$ 1,190.91
24@sandrino:$ 1,184.88
25@twinner:$ 1,152.95
26@onceuponatime:$ 1,101.13
27@bleujay:$ 1,034.60
28@shaka:$ 930.64
29@lsc9999:$ 843.40
30@cass:$ 814.51
31@cardiff:$ 740.26
32@sephiroth:$ 716.23
33@jamesbrown:$ 691.01
34@hedge-x:$ 679.64$ 677.25
36@vdbent:$ 654.26
37@sigizzang:$ 630.09
38@liondani:$ 628.90
39@otisbrown:$ 611.31
40@dubi:$ 570.29
41@freechina:$ 553.49
42@lee5:$ 550.79
43@driv3n:$ 542.79
44@kush:$ 528.48
45@djohnston:$ 518.85
46@thedouche:$ 515.47
47@streetstyle:$ 514.20
48@ssm1810:$ 511.14
49@lichtblick:$ 492.56
50@slowwalker:$ 485.25

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


  • Last week's STEEM total: -290,926, this week is -379,422.

  • Yet another positive amount of SBD going from exchanges to Steemit accounts at 13,849. I'd like to read into this all sorts of positive things, but it would be pure speculation on my part.

  • Last week, I asked some pretty tough open questions for Dan and Ned. They did not respond, but I did appreciate chatting with @charlieshrem in who reminded me of the developer costs he had running his bitcoin startups and suggested they may be pulling out money from their personal steemit accounts to pay for those expenses. He also wrote a great post for those who think the whales are "dumping" their steem. Since we have no direct answers as to Ned and Dan's STEEM finances, we can only speculate. I hope almost $40k this week bought them some great developers. :)

  • As long as you find these reports useful, I will continue to create them, though they do take some time. I have a hunch data like this may be available in the future via tools like @jesta's steemdb.

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Thanks for the reports, keep doing them. I followed your discussion with @charlieshrem in the chat and I fully agree with him. Please keep in mind that looking at Steem just from the "money window" may be inaccurate. There are many other metrics at stake, like total number of users, user retention, total number of posts and comments, total number of votes, etc.


Thank you and well said. Yes, there are a lot of dynamics here for sure. One that I'd like more people to consider is the value of reputation online within an active ecosystem. That's something we're still figuring out and SP has a big role to play in that valuation.

Good statistics. I suggest to provide lists on each assets, as in this post


Thanks for the link and the feedback. I left a comment there for you.



Thank you for the information. I appreciate it.


Glad to know it's appreciated, @michaelstobiersk. Thanks for the comment.

I found this useful, so please keep them coming.


No problem!

very good report lukestokes up voted and followed


Thanks @otisbrown! I always appreciate a new follower.

I understand the amount of time it takes to put this kind of report together and it's a lot . You have my upvote


Thanks Tarzan. I appreciate the work you put into your reports as well.

I like reading these every week.


Good to know. Thanks for the feedback!

Thx for information, it's realy interesting.


You're welcome!

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