Exchange Transfer Report: 11/06/2016 to 11/12/2016steemCreated with Sketch.

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: $0.15682
  • SBD: $0.94002

Previous Report:

  • STEEM: $0.13505
  • SBD: $0.81049


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

14, 13, 12, 11, 10, 9, 8, 7, 6, 5, 4, 3, 2, 1

Top 50 Accounts Transferring to and from Exchanges: 11/06/2016 to 11/12/2016

First included transfer: 2016-11-06T00:00:09+00:00
Last included transfer: 2016-11-12T23:59:00+00:00

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

@poloniex STEEM transfer total: 1,165,737.871
@poloniex SBD transfer total: -33,646.223
@bittrex STEEM transfer total: -43,477.958
@bittrex SBD transfer total: 19,131.782
@blocktrades STEEM transfer total: 8,295.652
@blocktrades SBD transfer total: -1,443.507
@openledger STEEM transfer total: 142.109
@openledger SBD transfer total: 5.688
@hitbtc STEEM transfer total: -121.603
@hitbtc SBD transfer total: -383.315
@changelly STEEM transfer total: -1,327.162
@changelly SBD transfer total: -6,796.012
@shapeshiftio STEEM transfer total: -1,014.264
@shapeshiftio SBD transfer total: 0.000

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

Total STEEM transferred: -1,128,234.645
Total SBD transferred: 23,131.587
Total USD transferred: ($   155,181.03)

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

Accounts withdrawing: 658
Average withdrawal amount: ($       351.51)
Median withdrawal amount: ($         6.94)

Accounts depositing: 142
Average deposit amount:  $       115.67
Median deposit amount:  $        60.55

Ratio of withdrawals to deposits: 4.63/1


AccountNet Transfer Amount
1@dantheman:($ 33,558.19)
2@alittle:($ 23,522.38)
3@dan:($ 19,177.07)
4@smooth-c:($ 12,058.19)
5@btcmsia:($ 11,158.99)
6@kush:($ 9,078.65)
7@steemfest:($ 7,683.82)
8@mr11acdee:($ 7,614.13)
9@aramco:($ 6,646.11)
10@paws1t1veev:($ 6,112.11)
11@kevphanis:($ 5,965.66)
12@steemed:($ 4,783.08)
13@zavier:($ 4,655.02)
14@enki:($ 3,466.60)
15@lafona-miner0:($ 3,015.79)
16@sweetsssj:($ 2,802.47)
17@nextgencrypto:($ 2,511.08)
18@jamesc:($ 2,444.04)
19@dana-edwards:($ 2,440.58)
20@jacor:($ 2,355.34)
21@berniesanders:($ 2,352.24)
22@victor-lucas:($ 1,909.92)
23@freewallet:($ 1,759.88)
24@witness.svk:($ 1,655.53)
25@anyx:($ 1,632.98)
26@psylains:($ 1,630.07)
27@publicworker:($ 1,590.34)
28@serejandmyself:($ 1,588.63)
29@summon:($ 1,568.16)
30@teamsteem:($ 1,460.14)
31@the-alien:($ 1,410.02)
32@steempower:($ 1,320.53)
33@fran2k:($ 1,257.43)
34@robrigo:($ 1,254.53)
35@pharesim:($ 1,254.53)
36@demotruk:($ 1,224.31)
37@blakemiles84:($ 1,182.15)
38@p0o:($ 1,128.02)
39@jaewoocho:($ 987.78)
40@furion:($ 940.02)
41@stellabelle:($ 932.65)
42@wang:($ 924.43)
43@fuzzyvest:($ 916.80)
44@jamtaylor:($ 869.62)
45@vip:($ 833.70)$ 730.68)
47@knozaki2015:($ 698.28)
48@silversteem:($ 649.77)
49@charlieshrem:($ 617.34)
50@drunchpunk:($ 604.73)


AccountNet Transfer Amount
1@smooth:$ 15,604.26
2@glitterfart:$ 8,906.80
3@goldenunicorn:$ 5,121.20
4@spanishgirl3:$ 5,018.10
5@smooth-d:$ 4,700.08
6@ramta:$ 3,449.94
7@randolphrope:$ 2,754.29$ 2,728.75
9@abdullar:$ 2,549.41$ 2,219.78
11@diahla31:$ 2,038.60
12@dimimp:$ 1,033.51
13@zefa:$ 936.40
14@nxtblg:$ 811.01
15@jacobcards:$ 791.92$ 787.27
17@thecryptofiend:$ 780.31
18@twinner:$ 758.58
19@lichtblick:$ 715.37
20@pkattera:$ 650.93
21@jimmco:$ 595.56
22@floater37:$ 567.14
23@djohnston:$ 565.82
24@onceuponatime:$ 548.85
25@bobbylee:$ 510.12
26@blackchen:$ 470.45
27@originate:$ 467.82
28@james212:$ 457.02
29@rgeddes:$ 453.47
30@kraftswerk:$ 433.80
31@otisbrown:$ 424.03
32@shutkin70:$ 423.64
33@michaeldodridge:$ 405.93
34@coinfund:$ 377.73
35@mafeeva:$ 368.52
36@coldstorage1:$ 361.33
37@thelindvall:$ 326.92
38@gvargas123:$ 282.96
39@screenname:$ 282.56
40@ethansteem:$ 266.59
41@capper2016:$ 245.71
42@celsogoya:$ 227.71
43@berckleybailey:$ 201.63
44@schattenjaeger:$ 198.55
45@bhavnapatel68:$ 186.46
46@cryptomancer:$ 185.15
47@gregm:$ 183.73
48@mamo:$ 177.67
49@full-measure:$ 176.55
50@yasien:$ 160.02

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


  • Well, it looks like Dan is still sending quite a bit to the exchanges. $52,735 is a lot of money for one week. As many in the steemit chat price channel have noted, that seems like a hell of a lot of money for a start-up founder to be extracting from early investors this early on. Hopefully he has a good reason which includes the interests of his investors.

  • -1,128,234 STEEM heading out to exchanges is more than I've seen by quite a bit. Will we see even more heading that way once the 2 year power down changes to 3 months?

  • @poloniex is, by far, the most used exchange this week.

  • SBD seems to be heading into the platform. That's a good sign, I think. @smooth has done quite a bit of work to help keep the SBD peg functioning both with his trading activity and his awareness campaigns among the witnesses as far as adjusting price feed information. If you like a stable $1 SBD peg, thank @smooth (who also happens to top the list of inbound amounts as well).

  • Median withdrawal amount is way down, but we're still seeing a lot more people withdrawing than depositing (4.63 to 1).

  • The weekly averages for both STEEM and SBD are up. Will it hold? The current price suggests STEEM is still going down.

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.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Excellent report. I followed you.


Thank you! Always appreciated.

Still expecting the November 3 lows to hold, but lets's see.

This post has been ranked within the top 10 most undervalued posts in the first half of Nov 15. We estimate that this post is undervalued by $13.16 as compared to a scenario in which every voter had an equal say.

See the full rankings and details in The Daily Tribune: Nov 15 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.

If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.