Weekly report: How much STEEM is stored on the exchanges? - July 18, 2019

in steem •  2 months ago 

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

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 Binance

STEEM stored on Poloniex

STEEM stored on Bithumb

STEEM stored on Huobi

STEEM stored on Upbit

STEEM stored on Openledger

STEEM stored on Gopax

STEEM stored on Steem Engine

How much STEEM is currently stored on each exchange?

ExchangeBalanceLast weekChange
Bittrex42,581,562 STEEM42,360,860 STEEM+0.5%
Binance18,275,112 STEEM17,675,877 STEEM+3.4%
Poloniex10,413,285 STEEM10,495,172 STEEM-0.8%
Bithumb9,986,549 STEEM9,986,549 STEEM+0.0%
Huobi6,979,176 STEEM7,189,743 STEEM-2.9%
Upbit4,497,269 STEEM4,538,972 STEEM-0.9%
Openledger443,398 STEEM444,224 STEEM-0.2%
Gopax335,951 STEEM336,284 STEEM-0.1%
Steem Engine305,084 STEEM217,135 STEEM+40.5%

Total amount of STEEM stored on all exchanges: 93,817,386 STEEM
Total STEEM supply: 316,563,045 STEEM
Liquid STEEM: 118,196,794 STEEM

  • 29.6% of the total supply is stored on the exchanges.
  • 79.4% of all liquid STEEM is stored on the exchanges.

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Does this use binance's cold wallets as well?

Yes, both the hot and the cold wallet.

Thanks for the report. This is interesting. May I ask: How are those accounts keeping so much STEEM in the exchanges?

I really don't get it, how if we, as steemers, we should be a bit more smart, why they keep so much STEEM into the exchanges. Personally I believe this is wrong if is not there to make the prices go up. If one of those exchanges gets hacked, STEEM economy will be very much affected.

I guess some people here have other intentions than keep the STEEM economy growing...