Exchange Transfer Report: 2/12/2017 to 2/18/2017steemCreated with Sketch.

in #stats3 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: $0.13477
  • SBD: $0.99728

Previous Report:

  • STEEM: $0.15198
  • SBD: $0.99869


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

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: 2/12/2017 to 2/18/2017

First included transfer: 2017-02-12T00:10:51+00:00
Last included transfer: 2017-02-18T23:58:39+00:00

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

@poloniex STEEM transfer total: 793,844.237
@poloniex SBD transfer total: -3,106.746
@bittrex STEEM transfer total: 226,274.749
@bittrex SBD transfer total: 3,787.798
@blocktrades STEEM transfer total: 8,925.834
@blocktrades SBD transfer total: 1,064.859
@openledger STEEM transfer total: 6,421.106
@openledger SBD transfer total: -5.178
@hitbtc STEEM transfer total: -2,227.304
@hitbtc SBD transfer total: -0.444
@changelly STEEM transfer total: -33,636.969
@changelly SBD transfer total: -721.780
@shapeshiftio STEEM transfer total: -5,870.190
@shapeshiftio SBD transfer total: 0.000 STEEM transfer total: 12,321.879 SBD transfer total: 0.000

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

Total STEEM transferred: -1,006,053.342
Total SBD transferred: -1,018.509
Total USD transferred: ($   136,606.57)

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

Accounts withdrawing: 989
Average withdrawal amount: ($       200.50)
Median withdrawal amount: ($        10.43)

Accounts depositing: 103
Average deposit amount:  $        62.37
Median deposit amount:  $        48.13

Ratio of withdrawals to deposits: 9.60/1


AccountNet Transfer Amount
1steemed:($ 32,508.70)
2berniesanders:($ 20,216.25)
3rainman:($ 12,438.38)
4apollo:($ 9,997.57)
5complexring:($ 8,665.33)
6taoteh1221:($ 5,781.66)
7wayfairer:($ 5,416.66)
8aaron:($ 4,717.41)
9silversteem:($ 4,519.99)
10drunchpunk:($ 4,297.18)
11smooth.witn.ssf:($ 4,043.25)
12joseph:($ 3,191.15)
13rpgwizard:($ 2,887.77)
14cyber:($ 2,746.34)
15ani625:($ 2,455.73)
16sunsallo:($ 2,406.71)
17charlieshrem:($ 2,028.20)
18ihashfury:($ 1,997.33)
19silver:($ 1,788.67)
20summon:($ 1,745.63)
21decrypt:($ 1,660.42)
22steemychicken1:($ 1,657.73)
23anyx:($ 1,635.20)
24kaptainkrayola:($ 1,627.56)
25very:($ 1,523.10)
26steempty:($ 1,490.88)
27james212:($ 1,482.93)
28riverhead:($ 1,347.75)
29kushed:($ 1,343.34)
30wefdi:($ 1,300.47)
31ericvancewalton:($ 1,289.81)
32inboundinken:($ 1,282.76)
33coldstorage1:($ 1,101.41)
34witness.svk:($ 1,100.19)
35piedpiper:($ 1,095.05)
36thecyclist:($ 943.42)
37cryptogee:($ 929.04)
38dollarvigilante:($ 835.31)
39masteryoda:($ 826.91)
40steemit-life:($ 768.11)
41tuck-fheman:($ 746.88)
42maxjoy:($ 745.02)
43terrycraft:($ 723.61)
44razvanelulmarin:($ 690.72)
45steempower:($ 630.26)
46craig-grant:($ 627.35)$ 615.01)
48calaber24p:($ 599.56)
49dele-puppy:($ 548.15)
50teamsteem:($ 529.96)


AccountNet Transfer Amount
1thejohalfiles:$ 31,594.26
2smooth-a:$ 6,654.72
3nanzo-scoop:$ 2,183.35
4dimimp:$ 1,856.76
5philsquared:$ 1,552.59
6sponge-bob:$ 1,431.43
7enki:$ 1,339.27
8yougotflagged:$ 1,235.66
9theyeti:$ 1,139.28
10slowwalker:$ 1,042.77
11beanz:$ 872.87
12bitcointrader:$ 764.44
13dresden:$ 735.72
14umami:$ 674.01
15sigizzang:$ 619.63
16juanantonio:$ 512.70
17araki:$ 512.16
18freechina:$ 500.04
19thedumpster:$ 492.74
20themonetaryfew:$ 455.04
21cryptomancer:$ 409.10
22penguinpablo:$ 404.32
23mallorcaman:$ 340.21
24mynewsteemit:$ 329.31
25cmp2020:$ 323.54
26nextgen622:$ 267.17
27gamer00:$ 228.52
28heretickitten:$ 204.68
29gutzofter:$ 191.08
30yaski:$ 178.61
31fulltimegeek:$ 168.24
32onceuponatime:$ 161.41$ 159.57
34voluntary:$ 119.96
35bravado:$ 113.72
36cognoscere:$ 113.69
37edgar.ortega11:$ 107.93
38lichtblick:$ 97.70
39contentjunkie:$ 93.52
40walterjay:$ 89.84
41demotruk:$ 89.66
42judasp:$ 87.47
43antfield:$ 78.75
44humbrie:$ 65.74
45bitcoinmeetups:$ 63.82
46codydeeds:$ 63.06
47dreemit:$ 61.93
48thedeplorable1:$ 61.44
49liqui:$ 57.97
50robrigo:$ 53.17

In past reports, I've included hourly breakdowns of the STEEM, SBD, and USD exchange amounts on all the various exchanges. Unfortunately I'm getting an "unable to acquire lock" error in my code now, and I'm not currently that motivated to update my PHP library (which, at this point, is quite old). Do those reports matter to you? Are they really important? I'm thinking maybe not.

I'll keep the exchange ratio going though. I think that's the key to the future value of STEEM. As of right now, it looks like most people are still moving to exchanges (which is probably why the price is still going down).

I kind of feel silly for not selling my STEEM so I could buy it back up again at lower prices later. Cheers to those who are pulling that off now.

Withdrawal to Deposit Ratio by User Count over Time

click the image for an interactive graph


  • Thank you @thejohalfiles. You're basically funding the platform right now.

  • The withdrawal ratio is the worst it's ever been (9.60 to 1) which makes sense since the price is as low as it's ever been.

  • What do you think the price will settle at? Will it keep going down on into the summer and if so, what will cause it to rise again? I'm not sure, but I do know I love having a blog on the blockchain. Getting paid something for my posts is also quite nice, even if the actual exchange value may only be an illusion. :)

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.


@thejohalfiles is really carrying a huge load, it's awesome of him to do that! BTC has been establishing a new price point as of late. I hope that STEEM gains that kind of traction some time soon as well. Obviously not that high, but at least ride off the positive crypto wave.

It's funny to me because STEEM is a faster crypto with no transaction fees, and it comes with an amazing platform for social blogging. You'd think it would be valued much higher... Hopefully someday it will be. We'll see what happens after all the early whales finish their power downs and selloffs.

I guess maybe the power players didn't get a chance to sneak in while the value is lower? That's why they're fighting to establish position in other cryptocurrencies instead. It's an interesting question though. Since we're on the STEEM-side of things, we can only hope that the chips fall our way.

I just decided to dump my SBD for STEEM. I'll probably buy back SBD on the way back up (assuming STEEM does come back up). We'll see.

I hope your plan works! If it does, be sure to post your thoughts about it so that whales would be inclined to do the same.

The whales, at this point, won't change the future price of STEEM, IMO. What will change it is for many, many new whales to invest lots of BTC into STEEM. Demand is what will drive value. Right now, there's a huge supply. YUGE in trumpspeak.

HAHA! Nice one! Very fitting.

Thanks for doing this, it's clear to see there's a huge dump right now! Ah so much for incentivizing Steem Power holders.. :( lol

thanks for det

Cool. resteem this

Awesome post! I don't know where the price will settle at but when it does we won't really see it go down for years and there's thousands of people trying to catch the bottom if not tens of thousands.

Sounds like a good story to me. :)