Weekly report: How much STEEM is stored on the exchanges? - February 7, 2019

in steem •  4 months ago 

The charts below show how much STEEM is stored on each exchange where STEEM is listed.

NEW: I have added the change since last week for each exchange in the table at the bottom.

Rule #1 in the crypto world: Don't store your cryptocurrencies on an exchange!

STEEM stored on all exchanges

STEEM stored on Bittrex

STEEM stored on Poloniex

STEEM stored on Binance

STEEM stored on Huobi

STEEM stored on Upbit

STEEM stored on Bithumb

STEEM stored on Openledger

STEEM stored on Gopax

How much STEEM is currently stored on each exchange?

ExchangeBalanceLast weekChange
Bittrex37,237,757 STEEM33,454,983 STEEM+11.3%
Poloniex9,744,453 STEEM9,543,927 STEEM+2.1%
Binance13,345,375 STEEM12,817,417 STEEM+4.1%
Huobi3,890,698 STEEM4,344,205 STEEM-10.4%
Upbit6,039,308 STEEM5,916,557 STEEM+2.1%
Bithumb6,342,095 STEEM6,394,537 STEEM-0.8%
Openledger569,620 STEEM568,579 STEEM+0.2%
Gopax310,706 STEEM305,881 STEEM+1.6%

Total amount of STEEM stored on all exchanges: 76,288,412 STEEM
Total STEEM supply: 298,461,211 STEEM
Liquid STEEM: 99,912,796 STEEM

  • 25.6% of the total supply is stored on the exchanges.
  • 76.4% of all liquid STEEM is stored on the exchanges.

¯\___(ツ)____/¯ Follow me @penguinpablo for daily Steem statistics.

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I hope all those exchange coins get jacked so that there will be less in circulation

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Any idea how this stacks up against others like BTC, LTC, ETH? Curious if the amount stored on the exchanges is similiar.

With 25% of all STEEM and 76% of all liquid is on the exchanges, it gives me pause about the short term direction of the price, but I am still hopeful longer term.

I imagine that the increase will slowdown given the stop on Steemit Inc’s powerdown. Hopefully, power ups start to take over once again!

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