I'm adding a new section to this report today. Something I've been curious about. How much value is currently stored on the top exchanges?
Numbers are in thousands so one million would show up as 1,000 K.
Exchange | STEEM | Steem Power | SBD |
---|---|---|---|
poloniex | 22,151 K | 2 K | $1,160 K |
bittrex | 14,140 K | 4 K | $759 K |
blocktrades | 68 K | 3,631 K | $14 K |
openledger | 280 K | 3 K | $38 K |
I'll be keeping an eye on these numbers and how they change over time.
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: $1.01182
- SBD: $0.93555
Previous Report:
- STEEM: $0.97922
- SBD: $0.86716
Assumptions
Please see the first report for a detailed explanation of my personal assumptions related to what this data could mean (along with commentary on previous reports). What it does not show is people powering up, powering down, or if they are buying or selling on an exchange. It's just some interesting data dealing with transfers to and from exchange accounts.
Previous Reports
58, 57, 56, 55, 54, 53, 52, 51, 50, 49, 48, 47, 46, 45, 44, 43, 42, 41, 40, 39, 38, 37, 36, 35, 34, 33, 32, 31, 30, 29, 28, 27, 26, 25, 24, 23, 22, 21, 20, 19, 18, 17, 16, 15, 14, 13, 12, 11, 10, 9, 8, 7, 6, 5, 4, 3, 2, 1
Top 50 Accounts Transferring to and from Exchanges: 9/17/2017 to 9/23/2017
First included transfer: 2017-09-17T00:02:03+00:00
Last included transfer: 2017-09-23T23:59:39+00:00
----------------------------- Exchanges ------------------------------
@poloniex STEEM transfer total: -2,216,556.577
@poloniex SBD transfer total: -171,273.099
@bittrex STEEM transfer total: 2,638,842.460
@bittrex SBD transfer total: 447,562.498
@blocktrades STEEM transfer total: 47,324.693
@blocktrades SBD transfer total: -123,704.761
@openledger STEEM transfer total: -1,948.073
@openledger SBD transfer total: -1,158.107
@hitbtc STEEM transfer total: 3,181.688
@hitbtc SBD transfer total: -633.169
@changelly STEEM transfer total: -9,274.318
@changelly SBD transfer total: -94.568
@freewallet.org STEEM transfer total: -11,434.861
@freewallet.org SBD transfer total: 0.001
@livecoin.net STEEM transfer total: 5,999.980
@livecoin.net SBD transfer total: 0.000
@coinpayments.net STEEM transfer total: 10,521.535
@coinpayments.net SBD transfer total: -397.780
------------------------- Total Transferred --------------------------
Total STEEM transferred: -466,656.527
Total SBD transferred: -150,301.015
Total USD transferred: ($ 612,786.42)
-------------------- Withdrawal to Deposit Ratio ---------------------
Accounts withdrawing: 2654
Average withdrawal amount: ($ 339.10)
Median withdrawal amount: ($ 19.02)
Accounts depositing: 418
Average deposit amount: $ 108.21
Median deposit amount: $ 47.35
Ratio of withdrawals to deposits: 6.35/1
TOP 50 WITHDRAWALS
Account | Net Transfer Amount | |
---|---|---|
1 | alittle: | ($ 101,181.99) |
2 | korbit: | ($ 87,672.09) |
3 | happychau123: | ($ 81,586.42) |
4 | alot: | ($ 50,591.00) |
5 | enki: | ($ 28,842.70) |
6 | cass: | ($ 23,078.75) |
7 | sword: | ($ 17,481.28) |
8 | paco-steem: | ($ 17,448.71) |
9 | speda: | ($ 12,420.09) |
10 | hyndai: | ($ 12,141.85) |
11 | craig-grant: | ($ 11,983.35) |
12 | holic7: | ($ 11,888.38) |
13 | asksisk: | ($ 9,937.08) |
14 | sanghkaang: | ($ 9,797.56) |
15 | smooth-a: | ($ 9,355.50) |
16 | jejujinfarm: | ($ 7,847.80) |
17 | benjojo: | ($ 7,333.33) |
18 | wans: | ($ 7,140.98) |
19 | mynewsteemit: | ($ 6,520.07) |
20 | assert-true: | ($ 6,060.64) |
21 | gigafart: | ($ 5,490.57) |
22 | xeroc: | ($ 5,347.59) |
23 | anwenbaumeister: | ($ 5,245.50) |
24 | liberosist: | ($ 5,242.61) |
25 | kostronor: | ($ 5,059.10) |
26 | b1ueman: | ($ 4,680.65) |
27 | evan-koser: | ($ 4,553.19) |
28 | bestof: | ($ 4,436.14) |
29 | amuse: | ($ 4,374.93) |
30 | vk01101984: | ($ 4,361.11) |
31 | opheliafu: | ($ 4,334.41) |
32 | gargon: | ($ 4,332.42) |
33 | carlperna: | ($ 4,303.57) |
34 | idealist: | ($ 4,067.52) |
35 | superremnant: | ($ 4,017.63) |
36 | peacephilpanda: | ($ 4,012.11) |
37 | erath: | ($ 3,855.56) |
38 | marginal: | ($ 3,842.07) |
39 | kb720k: | ($ 3,488.14) |
40 | booster: | ($ 3,357.02) |
41 | elyaque: | ($ 2,940.81) |
42 | biophil: | ($ 2,900.20) |
43 | captiva: | ($ 2,899.37) |
44 | eel8x8: | ($ 2,857.18) |
45 | sloanmccormick: | ($ 2,800.96) |
46 | trevonjb: | ($ 2,784.16) |
47 | urknall: | ($ 2,590.26) |
48 | pharesim: | ($ 2,525.98) |
49 | sigmajin: | ($ 2,504.25) |
50 | robert-call: | ($ 2,375.69) |
TOP 50 DEPOSITS
Account | Net Transfer Amount | |
---|---|---|
1 | hwawol: | $ 41,995.03 |
2 | damarth: | $ 24,597.31 |
3 | bramd: | $ 22,915.68 |
4 | dzid26: | $ 21,248.30 |
5 | aizensou: | $ 18,106.32 |
6 | staticinstance: | $ 16,746.43 |
7 | torholden: | $ 14,150.34 |
8 | roychoi: | $ 10,793.64 |
9 | picokernel: | $ 8,059.02 |
10 | whalecurry: | $ 6,281.99 |
11 | healthiswealth: | $ 4,610.85 |
12 | cryptographic: | $ 4,032.64 |
13 | bigbigtoe: | $ 3,548.18 |
14 | lavater: | $ 3,245.02 |
15 | lugina: | $ 2,966.05 |
16 | stimp1024: | $ 2,902.09 |
17 | jerjanjo: | $ 2,795.09 |
18 | nicolasbailly: | $ 2,736.13 |
19 | pfa: | $ 2,164.12 |
20 | romi: | $ 2,023.64 |
21 | ibk: | $ 1,923.44 |
22 | flameburst: | $ 1,917.72 |
23 | crispyb: | $ 1,756.22 |
24 | mkland: | $ 1,753.69 |
25 | tfdangerzone: | $ 1,720.08 |
26 | kryptonia: | $ 1,709.63 |
27 | tidex: | $ 1,705.23 |
28 | travelbybit: | $ 1,566.33 |
29 | jjxtra: | $ 1,553.85 |
30 | euey: | $ 1,487.37 |
31 | warriorz: | $ 1,420.20 |
32 | jeksonjs: | $ 1,246.56 |
33 | honeychum: | $ 1,200.42 |
34 | augustyn: | $ 1,190.18 |
35 | jeezzle: | $ 1,165.29 |
36 | jack8831: | $ 1,153.99 |
37 | ulfr: | $ 1,115.40 |
38 | jjfft321: | $ 1,112.98 |
39 | nighthawk888: | $ 1,073.47 |
40 | mlt1: | $ 1,011.81 |
41 | serb: | $ 1,009.43 |
42 | houseofatreides: | $ 1,001.09 |
43 | vividrange: | $ 905.61 |
44 | ashe-oro: | $ 824.85 |
45 | cryptoinvestinfo: | $ 765.03 |
46 | clctvmind: | $ 758.81 |
47 | dragonlunch: | $ 739.40 |
48 | raviraj: | $ 709.27 |
49 | stompy: | $ 708.25 |
50 | indikapi: | $ 702.19 |
Withdrawal to Deposit Ratio by User Count over Time
click the image for an interactive graph
Commentary
The withdrawal to deposit ratio is still coming down at 6.35 to 1!
@poloniex is working again but still, I won't use them.
@hwawol tops the deposit list this week and according to their wallet, they've been buying for a long time.
The powerdown amounts for next week is in the green at 19.49%. I'm publishing this again on Sunday night as I have the last few weeks, so keep that in mind.
Luke Stokes is a father, husband, business owner, programmer, and voluntaryist who wants to help create a world we all want to live in. Visit UnderstandingBlockchainFreedom.com
I like Sbd and Steem transfers because they're with no commission required
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Th disparity between withdrawals and deposits is still huge however after the update, I hope to see massive deposites and I want to be part of the deposit. Good job from you my bud .Do not forget to see my last two post on how to use strategic management tools in eliminating your weaknesses and at the same time using your strengths in a more advantageous way...I wish you more success
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@lukestokes , thanks for sharing this great statistics. Just upvoted. @gold84
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Thanks for the info.
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Super cool to see this info specially the amounts some people are withdrawing from this platform. It is absolutly incredible and life changeing in the same time. One more reason to motivate our selfs!
The conclusion: Always Steem On!
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Looking at all the values i still wonder if the value of steem will actually go up to over 10$ mark. Right now i jist need to get my jands on a d3 miner so i can consistently invest into steem everyday.Thanks for your article @rogerblu
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I can't imagine why so many are powering down at this point in time with the current value of STEEM. I've used the low price as a buying / powerup opportunity and my vote value at 100% is now over $0.40! May not seem like much to some people but it's exciting for me since only two months ago it was less than 5 cents.
Thanks for posting these statistics as I usually enjoy seeing reports regarding the status of our community and currency.
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The people who are on the lists inspired me.
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Hello @lukestokes
This Stat is very educative. And this is my first time to see such. I also take note of the fact that you are a witness. Will sure keep you in my radar and also ensure my other follows toe the same path. Thanks
@eurogee
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nice post :)
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Love this data here Luke and am happy to see over 2 million in Steem off of Poloniex over to Bittrex! While there is a lot flowing out now that is keeping the price flat, as soon as everyone starts wanting to power up, the supply will plunge and the price will blow all at once!
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Thanks Jerry. I've been wondering what could happen if that withdrawal to deposit ratio reversed. I've only ever seen people taking money out hand over fist. What if a few hundred thousand people or even a few million decide they'd like to throw $1,000 or so into cryptocurrency on steemit because they want their vote to be worth a little bit? How crazy high could the price go with that change in demand and STEEM locked up as Steem Power? It could get really interesting.
I see you powered up some Steem recently and surpassed me in the Steem Power rankings! (I gamify things by watching my Steemwhales rankings... heheh). Congrats!
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Hi Luke just wanted to give you an up-date. Sorry for asking stupid questions about what a witness does. I wouldn't have answered either. I researched myself the other day and a bunch of other things on steemit to.
Like usual I'm totally impressed, you and the other witness basically run/maintain the block-chain and the platform itself. Very cool! On another note I turned Steem into Lao Kip in Luang Prabang Laos yesterday That was incredible and incredibly simple! I'm glad I stuck around, thanks for helping me understand how truly revolutionary this platform and crypto currencies are. Hope you are well! -Dan
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Hey Dan. I'm not sure what question you posted I didn't answer. I usually try to answer everything, as I'm able to. I'm glad you got answers. Sometimes I may respond with a lmgtfy link :)
I'm glad you're sticking around and enjoying steemit.
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No worries. It was a super ignorant question that all I had to do was a little research on my own. I asked you what does a witness do? I'm glad you missed the question as it's something you don't need to spend your time on explaining. But I've researched it and understand it, and I'm glad you are one of our high valued steemit witnesses! I'll be around. Don't hesitate to stop by and see my latest adventures! Hope you are well. -Dan
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Flagging for name calling. Please be respectful.
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