Weekly report: How much STEEM is stored on the exchanges? - May 2, 2019

in steem •  24 days 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

How much STEEM is currently stored on each exchange?

ExchangeBalanceLast weekChange
Bittrex38,307,447 STEEM38,220,932 STEEM+0.2%
Binance17,061,860 STEEM16,336,958 STEEM+4.4%
Poloniex10,054,363 STEEM9,994,636 STEEM+0.6%
Bithumb9,986,551 STEEM9,986,551 STEEM+0.0%
Huobi5,530,128 STEEM5,738,644 STEEM-3.6%
Upbit3,854,206 STEEM3,809,082 STEEM+1.2%
Openledger513,027 STEEM513,305 STEEM-0.1%
Gopax277,243 STEEM279,788 STEEM-0.9%

Total amount of STEEM stored on all exchanges: 84,342,679 STEEM
Total STEEM supply: 308,296,532 STEEM
Liquid STEEM: 110,400,537 STEEM

  • 27.4% of the total supply is stored on the exchanges.
  • 76.4% of all liquid STEEM is stored on the exchanges.

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  ·  23 days ago (edited)

27.4% of the total supply is stored on the exchanges.

This is insane. Madhouse.
Completely CRAZY ...27+ %
Just thinking... why I am so afraid to leave even 100 steem in exchange overnight?

I would like to buy them all if I had the money!

Posted using Partiko Android

I guess the SPUD initiative did not move the needle but it may be too soon still to see the impact.

Posted using Partiko iOS

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Not bad though for the first SPUD, the turn out was amazing!!

Posted using Partiko iOS

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@streetstyle can we see that in graphs and numbers? :)
like how many steem was actually powered up - of course it didn't have any effect on the price - since it was sold immediately as I was suspecting it will be.

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@svemirac @penguinpablo actually has the stats for that type of information.... I also recently posted something you might find of interest. Thanks friend for supporting the SPUD movement!!

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Its awesome, I've been powering up since the beginning.... I see this as a 5-10 yrs project. But recent price development is not helping at all. FUDery is great - but as long as it is not dropping more I'm fine with that.

Im gonna head out for closer inspection :)

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I think it is a great idea to have a long term view of the STEEM Network because it truly is a young crypto when compared to Bitcoin and some other crypto's, but as Bitcoin has First mover's advantage, so does Steem because it is the first mover in terms of being the first social media network on a blockchain. Should crypto remain viable in the next few years, there is little doubt that Steem should be a much bigger network which should make it worth more. We shall see.

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Thank you @penguinpablo Excellente information and advice!

It's a perfect sense, math never lies!

Awesome day! :)

1/3 stored on exchanges 1/3 owned by ned and steemit that leaves hardly anything left this market honestly scares me

Price of Steem today closes at $0.35

.... there is only one thing that comes to my mind for all these liquidity