USD values are calculated per day via API feeds from Poloniex (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 average which came out to:
- STEEM: $1.21432
- SBD: $0.96840
Previous Report:
- STEEM: $1.70805
- SBD: $1.28408
Assumptions
Please see the first report for a detailed explanation of my personal assumptions related to what this data could mean (along with commentary on previous reports). What it does not show is people powering up, powering down, or if they are buying or selling on an exchange. It's just some interesting data dealing with transfers to and from exchange accounts.
Previous Reports
48, 47, 46, 45, 44, 43, 42, 41, 40, 39, 38, 37, 36, 35, 34, 33, 32, 31, 30, 29, 28, 27, 26, 25, 24, 23, 22, 21, 20, 19, 18, 17, 16, 15, 14, 13, 12, 11, 10, 9, 8, 7, 6, 5, 4, 3, 2, 1
Top 50 Accounts Transferring to and from Exchanges: 7/9/2017 to 7/15/2017
First included transfer: 2017-07-09T00:01:18+00:00
Last included transfer: 2017-07-15T23:54:54+00:00
----------------------------- Exchanges ------------------------------
@poloniex STEEM transfer total: -1,159,650.770
@poloniex SBD transfer total: -71,377.564
@bittrex STEEM transfer total: 1,284,404.946
@bittrex SBD transfer total: 250,828.900
@blocktrades STEEM transfer total: 85,669.106
@blocktrades SBD transfer total: 60,832.161
@openledger STEEM transfer total: -17,517.676
@openledger SBD transfer total: 5,852.542
@hitbtc STEEM transfer total: -5,730.908
@hitbtc SBD transfer total: -1,834.999
@changelly STEEM transfer total: -21,897.466
@changelly SBD transfer total: -4,018.681
@freewallet.org STEEM transfer total: 10,564.361
@freewallet.org SBD transfer total: 0.000
@livecoin.net STEEM transfer total: 14,007.187
@livecoin.net SBD transfer total: 0.000
@coinpayments.net STEEM transfer total: -9,040.057
@coinpayments.net SBD transfer total: -780.759
------------------------- Total Transferred --------------------------
Total STEEM transferred: -180,808.723
Total SBD transferred: -239,501.600
Total USD transferred: ($ 451,492.91)
-------------------- Withdrawal to Deposit Ratio ---------------------
Accounts withdrawing: 2901
Average withdrawal amount: ($ 350.71)
Median withdrawal amount: ($ 16.08)
Accounts depositing: 575
Average deposit amount: $ 195.08
Median deposit amount: $ 129.87
Ratio of withdrawals to deposits: 5.05/1
TOP 50 WITHDRAWALS
| Account | Net Transfer Amount | |
|---|---|---|
| 1 | enki: | ($ 80,208.98) |
| 2 | paco-steem: | ($ 61,908.78) |
| 3 | thejohalfiles: | ($ 61,114.08) |
| 4 | lafona-miner: | ($ 48,815.52) |
| 5 | smooth-a: | ($ 40,303.10) |
| 6 | cass: | ($ 38,708.90) |
| 7 | teamsmooth: | ($ 27,191.53) |
| 8 | barrie: | ($ 25,969.29) |
| 9 | erihn: | ($ 22,591.67) |
| 10 | dang007: | ($ 17,473.81) |
| 11 | jabbasteem: | ($ 13,377.25) |
| 12 | sochul: | ($ 12,091.99) |
| 13 | serasheytte7: | ($ 11,778.87) |
| 14 | erath: | ($ 10,942.76) |
| 15 | boombastic: | ($ 10,928.85) |
| 16 | coldstorage1: | ($ 10,443.12) |
| 17 | spinbitz: | ($ 10,281.58) |
| 18 | observer2002: | ($ 10,268.82) |
| 19 | mata: | ($ 9,644.86) |
| 20 | craig-grant: | ($ 9,424.80) |
| 21 | james212: | ($ 9,362.76) |
| 22 | omega: | ($ 8,241.73) |
| 23 | kingscrown: | ($ 7,970.70) |
| 24 | furion: | ($ 7,770.41) |
| 25 | timsaid: | ($ 7,380.16) |
| 26 | steemokto: | ($ 7,285.90) |
| 27 | hebrew: | ($ 7,285.90) |
| 28 | trail: | ($ 6,779.79) |
| 29 | junlu16: | ($ 6,678.74) |
| 30 | supercomputing: | ($ 6,113.04) |
| 31 | zahnspange: | ($ 6,092.29) |
| 32 | vip: | ($ 6,086.56) |
| 33 | novina: | ($ 5,845.56) |
| 34 | lessys: | ($ 5,299.86) |
| 35 | knozaki2015: | ($ 5,137.44) |
| 36 | kriborin: | ($ 5,105.35) |
| 37 | adiel: | ($ 5,023.57) |
| 38 | roelandp: | ($ 4,978.70) |
| 39 | lifeisawesome: | ($ 4,789.71) |
| 40 | nomoreheroes7: | ($ 4,717.39) |
| 41 | steemit-life: | ($ 4,513.48) |
| 42 | mys: | ($ 4,482.71) |
| 43 | arslan7544: | ($ 4,375.70) |
| 44 | satfit: | ($ 4,303.15) |
| 45 | papa-pepper: | ($ 4,122.57) |
| 46 | virtualgrowth: | ($ 3,883.99) |
| 47 | feruz: | ($ 3,726.61) |
| 48 | bess: | ($ 3,723.73) |
| 49 | galel: | ($ 3,689.19) |
| 50 | back: | ($ 3,642.95) |
TOP 50 DEPOSITS
| Account | Net Transfer Amount | |
|---|---|---|
| 1 | moses153: | $ 48,572.65 |
| 2 | damarth: | $ 27,108.40 |
| 3 | libertyteeth: | $ 22,125.08 |
| 4 | extrospect: | $ 13,726.19 |
| 5 | crypt0: | $ 13,127.39 |
| 6 | mvlibre: | $ 12,676.71 |
| 7 | hasoon: | $ 12,346.15 |
| 8 | fyrstikken: | $ 11,552.39 |
| 9 | burnaftereading: | $ 10,286.02 |
| 10 | surfyogi: | $ 10,140.68 |
| 11 | staticinstance: | $ 9,714.53 |
| 12 | kim066: | $ 9,645.58 |
| 13 | netuoso: | $ 9,406.83 |
| 14 | leejin-33: | $ 9,264.19 |
| 15 | clarkgold: | $ 9,197.90 |
| 16 | vortac: | $ 7,958.41 |
| 17 | fredwright: | $ 7,812.99 |
| 18 | spinbunny: | $ 7,528.76 |
| 19 | leomichael: | $ 7,471.81 |
| 20 | krwhale: | $ 7,133.69 |
| 21 | lawrenceho84: | $ 7,032.89 |
| 22 | aizensou: | $ 6,921.60 |
| 23 | plugyo: | $ 6,395.06 |
| 24 | davebrewer: | $ 6,137.49 |
| 25 | teedeaseaula: | $ 6,071.57 |
| 26 | drorion: | $ 5,585.94 |
| 27 | youngju: | $ 5,132.56 |
| 28 | brent1042: | $ 4,947.37 |
| 29 | robertking: | $ 4,451.57 |
| 30 | cryptoeera: | $ 4,394.93 |
| 31 | yinyangboobookat: | $ 4,262.25 |
| 32 | hwawol: | $ 4,250.02 |
| 33 | storcogato: | $ 4,092.04 |
| 34 | gotoperson: | $ 4,021.34 |
| 35 | rudolfbuford: | $ 3,942.86 |
| 36 | realcodysimon: | $ 3,927.53 |
| 37 | kyle88: | $ 3,807.56 |
| 38 | persianqueen: | $ 3,775.29 |
| 39 | flipstar: | $ 3,734.86 |
| 40 | pfa: | $ 3,702.82 |
| 41 | casashesmiez: | $ 3,642.94 |
| 42 | malubaidy: | $ 3,426.15 |
| 43 | shuthoughshd: | $ 3,157.21 |
| 44 | omni-invester: | $ 3,118.86 |
| 45 | ramires: | $ 3,005.83 |
| 46 | khaiyoui: | $ 2,864.34 |
| 47 | stirmanov: | $ 2,713.31 |
| 48 | tarquinmaine: | $ 2,671.77 |
| 49 | stimp1024: | $ 2,643.55 |
| 50 | headliner: | $ 2,623.13 |
Withdrawal to Deposit Ratio by User Count over Time
click the image for an interactive graph
Commentary
The withdrawal to deposit ratio is about the same as last week at 5.05 to 1.
Two weeks ago, $2M was outbound. Last week $1M. This week, $500k. A big part of that, I think, has to do with the falling price of Steem and of all cryptocurrencies in general.
Keep in mind, if the SBD price stays below $1, it might be a good time to use the convert to Steem option which takes 3.5 days. You'll get $1 worth of Steem for something worth less than $1. On the flip side, if the price of Steem keeps falling, you might be able to buy it cheaper later anyway.
It's been a rough couple weeks for cryptocurrencies. If you sold and are sitting in cash ready to jump back in, congratulations, just don't miss the boat. I'm still holding as I've talked about here and here.
If you find these weekly reports useful, please considering giving me your witness vote. You can see my latest witness update here.
The powerdown amounts for next week look good at -17.76%.
