Weekly report: How much STEEM is stored on the exchanges? - July 25, 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 SteemEngine

How much STEEM is currently stored on each exchange?

ExchangeBalanceLast weekChange
Bittrex42,688,554 STEEM42,578,394 STEEM+0.3%
Binance18,483,672 STEEM18,372,670 STEEM+0.6%
Poloniex10,372,711 STEEM10,413,197 STEEM-0.4%
Bithumb9,986,549 STEEM9,986,549 STEEM+0.0%
Huobi12,489,878 STEEM12,272,169 STEEM+1.8%
Upbit4,594,730 STEEM4,420,731 STEEM+3.9%
Openledger443,413 STEEM443,398 STEEM+0.0%
Gopax331,279 STEEM336,092 STEEM-1.4%
SteemEngine423,491 STEEM338,730 STEEM+25.0%

Total amount of STEEM stored on all exchanges: 99,814,277 STEEM
Total STEEM supply: 318,089,933 STEEM
Liquid STEEM: 119,618,174 STEEM

  • 31.4% of the total supply is stored on the exchanges.
  • 83.4% of all liquid STEEM is stored on the exchanges.

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Looks like you will have to increase the size of the scale on the graph if this continues.

Steem-engine is looking promising.

Impressive that the trend remains despite thebmany things we can do with the asset here on Steem! However, the trend of seeing some allocation to Steem Engine seems to have positive implications.

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what do you think? How many active users per day we need to push stored steem under 100 Million again? This thought just came to my mind. Steem and all steem related projects try to create demand in tokens. So 1 new account is probably the hightest deman push as many accounts dont use steem to pay or tip for stuff.

What is the median Steem Power stored in all Steem wallets? Do you know some stats? I am curious.

You really do not want to know. It is all fake anyway.

Only positive thing i see here is that Steem Engine is Gaining some adoption, but i don't see why there is so much liquid Steem stored on other Exchanges. Why would someone do this?