Exchange Transfer Report: 2/19/2017 to 2/25/2017

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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 hourly breakdown graphs, I show the USD values using the weighted average for that day. For the top 50 reports in USD terms, I then took the average USD value for STEEM and SBD for the week using the daily average which came out to:

  • STEEM: $0.11591
  • SBD: $1.00398

Previous Report:

  • STEEM: $0.13477
  • SBD: $0.99728

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

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: 2/19/2017 to 2/25/2017

First included transfer: 2017-02-19T00:00:30+00:00
Last included transfer: 2017-02-25T23:51:15+00:00


----------------------------- Exchanges ------------------------------

@poloniex STEEM transfer total: 1,402,980.250
@poloniex SBD transfer total: 6,492.567
@bittrex STEEM transfer total: -23,849.065
@bittrex SBD transfer total: -5,712.879
@blocktrades STEEM transfer total: 1,868.775
@blocktrades SBD transfer total: 936.021
@openledger STEEM transfer total: 28,778.570
@openledger SBD transfer total: 3.121
@hitbtc STEEM transfer total: -320.821
@hitbtc SBD transfer total: -1.428
@changelly STEEM transfer total: -26,269.560
@changelly SBD transfer total: -629.203
@shapeshiftio STEEM transfer total: 3,364.109
@shapeshiftio SBD transfer total: 0.000
@freewallet.org STEEM transfer total: 8,110.656
@freewallet.org SBD transfer total: 0.000


------------------------- Total Transferred --------------------------

Total STEEM transferred: -1,394,662.914
Total SBD transferred: -1,088.199
Total USD transferred: ($   162,745.59)

-------------------- Withdrawal to Deposit Ratio ---------------------

Accounts withdrawing: 992
Average withdrawal amount: ($       234.10)
Median withdrawal amount: ($        10.67)

Accounts depositing: 140
Average deposit amount:  $        70.05
Median deposit amount:  $        42.38

Ratio of withdrawals to deposits: 7.09/1

TOP 50 WITHDRAWALS

AccountNet Transfer Amount
1steemed:($ 27,967.19)
2satoshifund:($ 13,283.13)
3rpgwizard:($ 13,017.15)
4berniesanders:($ 12,570.48)
5smooth.witn.ssf:($ 12,170.38)
6rainman:($ 10,700.75)
7apollo:($ 8,600.91)
8complexring:($ 6,954.50)
9layz3r:($ 6,299.27)
10steemdata:($ 5,131.79)
11astralbat:($ 4,984.11)
12wayfairer:($ 4,659.95)
13steems:($ 4,636.33)
14summon:($ 4,210.44)
15amcq:($ 4,100.59)
16silversteem:($ 3,888.56)
17drunchpunk:($ 3,696.86)
18slack:($ 3,488.84)
19joseph:($ 2,745.52)
20laonie:($ 2,731.26)
21hanyuu:($ 2,508.28)
22fyrstikken:($ 2,432.00)
23kushed:($ 2,311.75)
24rabbit-00:($ 2,204.74)
25ani625:($ 2,112.66)
26fabien:($ 2,012.11)
27charlieshrem:($ 1,736.55)
28silver:($ 1,538.80)
29anyx:($ 1,410.17)
30furion:($ 1,321.36)
31anonymous:($ 1,298.17)
32piedpiper:($ 1,289.70)
33steempty:($ 1,282.61)
34james212:($ 1,275.82)
35nextgencrypto:($ 1,180.30)
36yoonjang0707:($ 1,173.55)
37riverhead:($ 1,159.08)
38royalmacro:($ 1,149.99)
39ericvancewalton:($ 1,109.63)
40ihashfury:($ 952.24)
41cryptogee:($ 805.03)
42ozchartart:($ 784.14)
43steempower:($ 747.66)
44markopaasila:($ 716.92)
45masteryoda:($ 711.40)
46chhayll:($ 678.76)
47fairytalelife:($ 657.46)
48tuck-fheman:($ 643.29)
49blakemiles84:($ 642.62)
50craig-grant:($ 639.49)

TOP 50 DEPOSITS

AccountNet Transfer Amount
1thisvsthis:$ 12,039.26
2smooth-a:$ 11,668.97
3vintagebazaar:$ 10,288.25
4toybazaar:$ 5,243.39
5anagamidev:$ 3,345.87
6livecoin.net:$ 2,454.72
7proctologic:$ 2,006.81
8slowwalker:$ 1,693.37
9dimimp:$ 1,457.99
10inchonbitcoin:$ 1,313.37
11knircky:$ 1,257.98
12lighthil:$ 1,188.82
13algeorge:$ 1,003.56
14jamesjarman:$ 943.26
15nanzo-scoop:$ 840.34
16l0k1:$ 829.67
17twinner:$ 758.10
18marco-delsalto:$ 695.45
19onceuponatime:$ 578.38
20eroche:$ 485.12
21pmartynov:$ 474.91
22coinpayments.net:$ 447.24
23bitcointrader:$ 423.64
24skulls:$ 415.10
25sponge-bob:$ 372.09
26jacobcards:$ 328.83
27mynewsteemit:$ 319.44
28gotoperson:$ 316.48
29lastminuteman:$ 304.72
30johnreiz:$ 279.65
31antropomorfosis:$ 246.67
32jjh:$ 234.35
33stellabelle:$ 232.39
34penguinpablo:$ 231.82
35tahoeterry:$ 221.95
36ourlifestory:$ 208.14
37randomthoughts:$ 204.39
38tradeqwik:$ 200.79
39jubi:$ 198.97
40redpalestino:$ 194.12
41anarchyhasnogods:$ 171.29
42ssm1810:$ 154.89
43slickwilly:$ 147.94
44blackwidow7:$ 144.25
45adiel:$ 124.69
46teofilex11:$ 123.47
47veganschmegan:$ 122.75
48fazer:$ 120.34
49sneak:$ 120.14
50dunia:$ 118.85

In past reports, I've included hourly breakdowns of the STEEM, SBD, and USD exchnage amounts on all the various exchanges. Unfortunately I'm getting an "unable to acquire lock" error in my code now, and I'm not currently that motivated to update my PHP library (which, at this point, is quite old). I didn't include them last week and no one seemed to care, so out they go.

I'll keep the exchange ratio going though. I think that's the key to the future value of STEEM. As of right now, it looks like most people are still moving to exchanges (which is probably why the price is still going down).

Withdrawal to Deposit Ratio by User Count over Time


click the image for an interactive graph

Commentary

  • The withdrawal ratio got a little better this week at 7.09 to 1. I guess that kept the price alive a bit longer.

  • Not much to comment on. I see a lot of familiar names in the withdrawl list. I hope they're all making a nice profit and someday, I hope to join them by selling at much higher prices. :)

  • The powerdown amounts for next week average out to almost 50% in the green. That's a good sign, right?


Luke Stokes is a father, husband, business owner, programmer, voluntaryist, and blockchain enthusiast. He wants to help create a world we all want to live in.

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