USD values are calculated per day via API feeds from Cryptocompare (for STEEM and SBD values in BTC) and Coindesk (for USD value of BTC). For the top 50 reports in USD terms, I take the average USD value for STEEM and SBD for the week using the daily closing price which came out to:
- STEEM: $1.72154
- SBD: $1.68491
Previous Report:
- STEEM: $2.19279
- SBD: $2.33181
Assumptions
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.
Linked Accounts
hitbtc includes hitbtc-exchange and hitbtc-payout, freewallet.org includes freewallet, openledger includes openledger-dex, binance includes binance-hot and deepcrypto8, upbit includes upbit-exchange and myupbit, and gopax includes gopax and gopax-deposit.
Previous Reports
84, 83, 82, 81, 80, 79, 78, 77, 76, 75, 74, 73, 72, 71, 70, 69, 68, 67, 66, 65, 64, 63, 62, 61, 60, 59, 58, 57, 56, 55, 54, 53, 52, 51, 50, 49, 48, 47, 46, 45, 44, 43, 42, 41, 40, 39, 38, 37, 36, 35, 34, 33, 32, 31, 30, 29, 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: 3/25/2018 to 3/31/2018
First included transfer: 2018-03-25T00:00:15+00:00
Last included transfer: 2018-03-31T23:59:57+00:00
----------------------------- Exchanges ------------------------------
@binance STEEM transfer total: 872,624.721
@binance SBD transfer total: 139.885
@blocktrades STEEM transfer total: 401,738.689
@blocktrades SBD transfer total: -32,145.152
@upbit STEEM transfer total: 322,230.369
@upbit SBD transfer total: 27,533.153
@gopax STEEM transfer total: 108,580.321
@gopax SBD transfer total: -442.362
@coinpayments.net STEEM transfer total: 2,104.383
@coinpayments.net SBD transfer total: 7.608
@rudex STEEM transfer total: 187.810
@rudex SBD transfer total: -37.733
@changelly STEEM transfer total: 2.000
@changelly SBD transfer total: 0.000
@poloniex STEEM transfer total: 0.000
@poloniex SBD transfer total: 0.002
@hitbtc STEEM transfer total: 0.000
@hitbtc SBD transfer total: 0.000
@steemexchanger STEEM transfer total: -290.198
@steemexchanger SBD transfer total: -629.525
@openledger STEEM transfer total: -27,375.728
@openledger SBD transfer total: -1,575.483
@freewallet.org STEEM transfer total: -168,704.795
@freewallet.org SBD transfer total: 0.031
@bittrex STEEM transfer total: -725,521.453
@bittrex SBD transfer total: 138,510.446
------------------------- Total Transferred --------------------------
Total STEEM transferred: -785,576.119
Total SBD transferred: -131,360.870
Total USD transferred: ($ 1,573,727.96)
-------------------- Withdrawal to Deposit Ratio ---------------------
Accounts withdrawing: 3811
Average withdrawal amount: ($ 649.39)
Median withdrawal amount: ($ 12.31)
Accounts depositing: 1598
Average deposit amount: $ 236.44
Median deposit amount: $ 43.18
Ratio of withdrawals to deposits: 2.38/1
TOP 50 WITHDRAWALS THIS WEEK
| Account | Net Transfer Amount | |
|---|---|---|
| 1 | alpha: | ($ 851,440.56) |
| 2 | grumpycat: | ($ 174,068.36) |
| 3 | steemit3: | ($ 172,153.55) |
| 4 | val-a: | ($ 86,076.77) |
| 5 | proskynneo: | ($ 79,190.63) |
| 6 | slowwalker: | ($ 48,341.98) |
| 7 | yenlau: | ($ 43,738.95) |
| 8 | analisa: | ($ 42,608.14) |
| 9 | ngc: | ($ 42,567.81) |
| 10 | trevonjb: | ($ 31,826.96) |
| 11 | kingscrown: | ($ 29,082.96) |
| 12 | faddy: | ($ 23,375.76) |
| 13 | ioc: | ($ 21,777.76) |
| 14 | imacryptorick: | ($ 21,237.04) |
| 15 | valueup: | ($ 21,069.88) |
| 16 | goodluck21: | ($ 20,790.71) |
| 17 | philakonesteemit: | ($ 20,674.03) |
| 18 | triplej: | ($ 18,693.46) |
| 19 | feruz: | ($ 17,215.35) |
| 20 | thecryptodrive: | ($ 15,694.05) |
| 21 | thejohalfiles: | ($ 15,245.14) |
| 22 | peaceandlove: | ($ 14,745.02) |
| 23 | solisrex: | ($ 13,176.40) |
| 24 | rzlt: | ($ 12,445.59) |
| 25 | arneb271828: | ($ 12,038.02) |
| 26 | kwak: | ($ 10,591.55) |
| 27 | rl90: | ($ 10,293.60) |
| 28 | spinbitz: | ($ 10,290.58) |
| 29 | onehand: | ($ 8,922.28) |
| 30 | account27: | ($ 8,779.83) |
| 31 | starlight0x: | ($ 8,607.68) |
| 32 | libertyteeth: | ($ 8,289.19) |
| 33 | kumada90: | ($ 8,094.95) |
| 34 | aquabox: | ($ 7,836.45) |
| 35 | swissclive: | ($ 7,801.22) |
| 36 | steemdrive: | ($ 7,758.50) |
| 37 | corn113: | ($ 7,711.93) |
| 38 | skt: | ($ 7,650.53) |
| 39 | ssg: | ($ 6,924.59) |
| 40 | rubymaker: | ($ 6,714.10) |
| 41 | sander-lacerda: | ($ 5,936.44) |
| 42 | sonamoo: | ($ 5,407.33) |
| 43 | spacetrader23454: | ($ 4,958.02) |
| 44 | chainsquad: | ($ 4,956.33) |
| 45 | booster: | ($ 4,951.50) |
| 46 | kakaotalk: | ($ 4,868.04) |
| 47 | liberosist: | ($ 4,681.25) |
| 48 | craig-grant: | ($ 4,408.52) |
| 49 | uplus: | ($ 4,336.04) |
| 50 | demotruk: | ($ 4,285.37) |
TOP 50 DEPOSITS THIS WEEK
| Account | Net Transfer Amount | |
|---|---|---|
| 1 | unknownbloc: | $ 172,984.08 |
| 2 | steemaccess: | $ 55,029.29 |
| 3 | transcendingman: | $ 36,826.01 |
| 4 | abusereports: | $ 31,264.85 |
| 5 | korbit2: | $ 27,043.43 |
| 6 | bif: | $ 25,791.66 |
| 7 | remain: | $ 20,865.01 |
| 8 | cryptostatic: | $ 16,558.69 |
| 9 | tysler: | $ 12,703.91 |
| 10 | dineroconopcion: | $ 12,523.45 |
| 11 | tomino: | $ 9,942.61 |
| 12 | asiancapitalists: | $ 9,646.47 |
| 13 | heeyaa35: | $ 8,879.99 |
| 14 | badebade: | $ 8,779.83 |
| 15 | shivohum2015: | $ 8,609.38 |
| 16 | elhazzz: | $ 7,911.96 |
| 17 | mestauble: | $ 7,840.80 |
| 18 | pi1000: | $ 7,812.33 |
| 19 | bennsf: | $ 7,256.87 |
| 20 | rosamaria: | $ 7,079.44 |
| 21 | globocop: | $ 6,965.49 |
| 22 | rhodium: | $ 6,948.12 |
| 23 | chef.cook: | $ 6,604.84 |
| 24 | redpalestino: | $ 6,489.99 |
| 25 | suin: | $ 6,013.29 |
| 26 | artathe: | $ 5,521.80 |
| 27 | khoon: | $ 5,320.09 |
| 28 | dongsuh: | $ 5,281.09 |
| 29 | wikitree: | $ 4,893.58 |
| 30 | inspirewithwords: | $ 4,853.08 |
| 31 | patrickulrich: | $ 4,537.48 |
| 32 | dindar: | $ 4,373.71 |
| 33 | lowsome: | $ 4,343.44 |
| 34 | dan-bn: | $ 4,092.00 |
| 35 | frank.william: | $ 3,964.38 |
| 36 | crypto-moon: | $ 3,891.84 |
| 37 | technerd888: | $ 3,787.31 |
| 38 | happychau123: | $ 3,726.74 |
| 39 | try-market: | $ 3,548.03 |
| 40 | orangesphere: | $ 3,522.90 |
| 41 | plantedtank: | $ 3,495.22 |
| 42 | michalx2008x: | $ 3,189.70 |
| 43 | lisarichards: | $ 3,105.07 |
| 44 | lex030: | $ 3,052.39 |
| 45 | immanuel94: | $ 3,044.33 |
| 46 | clarkgold: | $ 2,938.61 |
| 47 | cryptoiceman: | $ 2,839.77 |
| 48 | holger80: | $ 2,672.48 |
| 49 | bunnypunia: | $ 2,598.43 |
| 50 | motoengineer: | $ 2,583.99 |
Withdrawal to Deposit Ratio by User Count over Time
click the image for an interactive graph
Commentary
$1.5M being cashed out with these low prices is a lot of selling. I understand riding the wave to increase your holdings, but at some point people should realize (IMO) that just holding might increasae the overall value of their portfolio if other coins are bleeding and ours is holding strong.
@unknownbloc Seems to have dropped a ton into Steem Power so they can delegate to @smartsteem. Seems they are getting paid pretty well. Is this a good thing because it incentivizes investors to buy STEEM or is it a bad thing because it incentivizes more people to run vote bots and increase the noise to signal around here where people don't have to rely on proof-of-brain but instead just pay to play?
The price of STEEM and SBD continue to move together (currently below $2) which could be interpreted a number of ways. Maybe the market actors are mostly speculators and not investors at all. Maybe they don't understand any fundamentals of why STEEM is so valuable and why SBD is different. Maybe we're just a bunch of pack animals following the crowd, selling when others sell and buying when others buy.
Happy Easter and April fools for those who are into those. No fooler was added to this report. :)
The decrese in people powering down next week is 8.66% in the green compared to the previous week.
