<center>![exchange_transfer_report_header.png](https://steemitimages.com/DQmRpmjPAh61jmJkJUdrVrXVgPj9QAeLfqBDzFAzZnYUGX5/exchange_transfer_report_header.png)</center>

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: $5.57098
- SBD: $7.04185

*Previous Report:*

- STEEM: $5.81846
- SBD: $8.96750

## Assumptions

Please see <a href="https://steemit.com/steemit/@lukestokes/steemit-money-who-is-cashing-out-who-is-powering-up">the first report</a> 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, and openledger includes openledger-dex.

## Previous Reports
<a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-12-31-2017-to-1-6-2018">74</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-12-24-2017-to-12-30-2017">73</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-12-17-2017-to-12-23-2017">72</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-12-10-2017-to-12-16-2017">71</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-12-03-2017-to-12-09-2017">70</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-11-26-2017-to-12-02-2017">69</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-11-19-2017-to-11-25-2017">68</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-11-12-2017-to-11-18-2017">67</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-11-05-2017-to-11-11-2017">66</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-10-29-2017-to-11-04-2017">65</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-10-22-2017-to-10-28-2017">64</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-10-15-2017-to-10-21-2017">63</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-10-8-2017-to-10-14-2017">62</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-10-1-2017-to-10-7-2017">61</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-9-24-2017-to-9-30-2017">60</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-9-17-2017-to-9-23-2017">59</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-9-10-2017-to-9-16-2017">58</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-9-3-2017-to-9-9-2017">57</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-8-27-2017-to-9-2-2017">56</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-8-29-2017-to-8-26-2017">55</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-8-13-2017-to-8-19-2017">54</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-8-6-2017-to-8-12-2017">53</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-7-30-2017-to-8-5-2017">52</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-7-23-2017-to-7-29-2017">51</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-7-16-2017-to-7-22-2017">50</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-7-9-2017-to-7-15-2017">49</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-7-2-2017-to-7-8-2017">48</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-6-25-2017-to-7-1-2017">47</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-6-18-2017-to-6-24-2017">46</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-6-11-2017-to-6-17-2017">45</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-6-4-2017-to-6-10-2017">44</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-5282017-to-632017">43</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-5-21-2017-to-5-27-2017">42</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-5-14-2017-to-5-20-2017">41</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-5-7-2017-to-5-13-2017">40</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-4-30-2017-to-5-6-2017">39</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-4-23-2017-to-4-29-2017">38</a>, <a href="https://steemit.com/exchangereport/@lukestokes/exchange-transfer-report-4-16-2017-to-4-22-2017">37</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-4-9-2017-to-4-15-2017">36</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-4-2-2017-to-4-8-2017">35</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-3-26-2017-to-4-1-2017">34</a>, <a href="https://steemit.com/stats/@lukestokes/3zcukr-exchange-transfer-report-3-12-2017-to-3-18-2017">33</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-3-12-2017-to-3-18-2017">32</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-3-5-2017-to-3-11-2017">31</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-2-26-2017-to-3-4-2017">30</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-2-12-2017-to-2-18-2017">29</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-2-5-2017-to-2-11-2017">28</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-1-29-2017-to-2-04-2017">27</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-1-22-2017-to-1-28-2017">26</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-1-15-2017-to-1-21-2017">25</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-1-8-2017-to-1-14-2017">24</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-1-1-2017-to-1-7-2017">23</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-12-25-2016-to-12-31-2016">22</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-12-18-2016-to-12-24-2016">21</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-12-11-2016-to-12-17-2016">20</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-12-04-2016-to-12-10-2016">19</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-11-27-2016-to-12-03-2016">18</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-11-20-2016-to-11-26-2016">17</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-11-13-2016-to-11-19-2016">16</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-11-06-2016-to-11-12-2016">15</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-10-30-2016-to-11-05-2016">14</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-10-23-2016-to-10-29-2016">13</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-10-16-2016-to-10-22-2016">12</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-10-9-2016-to-10-15-2016">11</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-10-2-2016-to-10-8-2016">10</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-9-25-2016-to-10-01-2016">9</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-9-20-2016-to-9-26-2016">8</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-9-12-2016-to-9-19-2016">7</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-9-4-2016-to-9-11-2016">6</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-8-28-2016-to-9-3-2016">5</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-8-21-2016-to-8-27-2016">4</a>, <a href="https://steemit.com/stats/@lukestokes/exchange-transfer-report-8-14-2016-to-8-20-2016">3</a>, <a href="https://steemit.com/steemstats/@lukestokes/exchange-transfer-report-08-07-2016-to-08-13-2016">2</a>, <a href="https://steemit.com/steemit/@lukestokes/steemit-money-who-is-cashing-out-who-is-powering-up">1</a>

# Top 50 Accounts Transferring to and from Exchanges: 1/7/2018 to 1/13/2018
First included transfer: 2018-01-07T00:00:06+00:00
Last included transfer: 2018-01-13T23:59:48+00:00
```

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

@poloniex STEEM transfer total: 317,861.665
@poloniex SBD transfer total: 164,074.385
@bittrex STEEM transfer total: 566,011.990
@bittrex SBD transfer total: 492,688.549
@blocktrades STEEM transfer total: -378,721.302
@blocktrades SBD transfer total: -107,370.818
@openledger STEEM transfer total: 736.398
@openledger SBD transfer total: 156.889
@hitbtc STEEM transfer total: 0.000
@hitbtc SBD transfer total: 0.000
@changelly STEEM transfer total: 21,929.623
@changelly SBD transfer total: 0.000
@freewallet.org STEEM transfer total: -78,758.168
@freewallet.org SBD transfer total: 0.000
@livecoin.net STEEM transfer total: 0.000
@livecoin.net SBD transfer total: 0.000
@coinpayments.net STEEM transfer total: -78.617
@coinpayments.net SBD transfer total: -173.913
@rudex STEEM transfer total: 433.834
@rudex SBD transfer total: 31.936

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

Total STEEM transferred: -449,415.423
Total SBD transferred: -549,407.028
Total USD transferred: ($ 6,372,527.85)

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

Accounts withdrawing: 7010
Average withdrawal amount: ($     1,765.48)
Median withdrawal amount: ($        97.88)

Accounts depositing: 2259
Average deposit amount:  $       856.42 
Median deposit amount:  $       113.83 

Ratio of withdrawals to deposits: 3.10/1
```

## <center>TOP 50 WITHDRAWALS</center>

|    |           Account|    Net Transfer Amount   | 
|:--:|:----------------:|:------------------------:|
|1|                 dan: | ($ 2,272,959.33)|
|2|               alpha: | ($ 2,013,151.60)|
|3|               val-a: | ($   643,926.22)|
|4|             azeroth: | ($   446,235.40)|
|5|                eeqj: | ($   362,113.62)|
|6|           originate: | ($   339,829.70)|
|7|           grumpycat: | ($   261,617.09)|
|8|     minority-report: | ($   167,129.36)|
|9|            steempty: | ($   139,388.28)|
|10|            smooth-a: | ($   139,274.47)|
|11|         appreciator: | ($   131,911.15)|
|12|             kocowpo: | ($    94,734.87)|
|13|                 maa: | ($    85,294.94)|
|14|         nanzo-scoop: | ($    84,326.52)|
|15|                ugos: | ($    83,501.76)|
|16|          slowwalker: | ($    76,225.36)|
|17|       michaelterpin: | ($    69,637.23)|
|18|              roxane: | ($    61,422.55)|
|19|           leesunmoo: | ($    56,195.54)|
|20|            smooth-b: | ($    55,709.79)|
|21|          teamsmooth: | ($    55,709.79)|
|22|                 ngc: | ($    54,889.80)|
|23|              trlrnr: | ($    54,595.59)|
|24|           transisto: | ($    50,176.34)|
|25|            greenman: | ($    46,053.79)|
|26|             booster: | ($    44,228.07)|
|27|             askcoin: | ($    40,100.73)|
|28|     lukewearechange: | ($    39,362.70)|
|29|                wans: | ($    38,996.85)|
|30|         justtryme90: | ($    38,180.08)|
|31|          steem-pays: | ($    36,131.39)|
|32|             jwest40: | ($    33,425.87)|
|33|            nikez452: | ($    30,518.58)|
|34|          flyingmind: | ($    29,891.84)|
|35|          liberosist: | ($    29,779.09)|
|36|        cryptoctopus: | ($    29,534.37)|
|37|             bayrene: | ($    29,279.10)|
|38|           bitcoiner: | ($    27,855.60)|
|39|               feruz: | ($    27,121.48)|
|40|          steemdrive: | ($    26,584.04)|
|41|         perspective: | ($    26,462.15)|
|42|            jrcornel: | ($    26,223.12)|
|43|          black-hole: | ($    23,826.92)|
|44|      donaldtrumpfan: | ($    23,270.21)|
|45|       michelle.gent: | ($    23,239.08)|
|46|             loopdog: | ($    22,896.72)|
|47|      bitcoincompany: | ($    21,687.23)|
|48|           kakaotalk: | ($    21,294.19)|
|49|               gbert: | ($    21,096.29)|
|50|          schnitzler: | ($    21,053.54)|

## <center>TOP 50 DEPOSITS </center>

|    |           Account|    Net Transfer Amount   | 
|:--:|:----------------:|:------------------------:|
|1|            trevonjb: |  $   497,387.54 |
|2|          livingfree: |  $   356,542.64 |
|3|               bramd: |  $   238,657.14 |
|4|    experty-official: |  $   188,412.92 |
|5|            busy.pay: |  $   144,845.45 |
|6|          testing123: |  $   142,247.91 |
|7|            eaunoire: |  $   141,424.48 |
|8|            dobartim: |  $   140,888.70 |
|9|            healings: |  $   137,845.23 |
|10|            bluemist: |  $   133,724.31 |
|11|           markimchi: |  $   125,333.04 |
|12|     freemoceanisnow: |  $   118,150.09 |
|13|           guyfawkes: |  $   114,762.16 |
|14|           kayejeong: |  $   111,913.06 |
|15|              ds1tle: |  $   102,511.72 |
|16|              gavvet: |  $    92,128.19 |
|17|          rhanna10km: |  $    83,212.57 |
|18|         mmmmkkkk311: |  $    76,346.01 |
|19|             muzzelg: |  $    55,846.39 |
|20|               panel: |  $    52,924.30 |
|21|     imanisraelirick: |  $    52,701.96 |
|22|            sridevik: |  $    52,423.02 |
|23|              gloine: |  $    49,439.72 |
|24|           davidding: |  $    47,606.72 |
|25|            destbest: |  $    44,567.72 |
|26|       predictionbot: |  $    44,484.27 |
|27|            abajnath: |  $    43,765.44 |
|28|              jsteem: |  $    42,032.92 |
|29|       whaleofcrypto: |  $    41,782.23 |
|30|           fur2002ks: |  $    41,258.28 |
|31|         jejujinfarm: |  $    41,136.20 |
|32|             aka8888: |  $    39,284.36 |
|33|           metawhale: |  $    38,303.92 |
|34|        japanesemask: |  $    38,125.88 |
|35|           marleen76: |  $    35,709.97 |
|36|                 nyh: |  $    33,649.50 |
|37|         newyorkdude: |  $    28,785.88 |
|38|            edholden: |  $    27,351.57 |
|39|       cryptoprowler: |  $    27,064.49 |
|40|            vermeirj: |  $    26,009.75 |
|41|             eric818: |  $    25,450.02 |
|42|               iodin: |  $    25,180.82 |
|43|         georgesdehk: |  $    24,345.24 |
|44|            card1001: |  $    24,338.93 |
|45|         herverisson: |  $    22,283.69 |
|46|            wotjsozm: |  $    22,283.59 |
|47|             bujuben: |  $    22,065.50 |
|48|              epan35: |  $    20,263.72 |
|49|              acidyo: |  $    19,602.97 |
|50|           don100100: |  $    19,578.84 |

## Withdrawal to Deposit Ratio by User Count over Time

[![](https://steemitimages.com/DQmXeLBkn4kpTC4wys5CQJGCzRW6GjckJEykThBpStbh5t2/Withdrawal%20to%20Deposit%20Ratio%20by%20User%20Count%20over%20Time.png)](https://plot.ly/~lukestokes/295/)
*click the image for an interactive graph*

## Commentary

* Sorry this post is a bit late this weekend. I've been busy. :)

* The withdrawal to deposit ratio came down just a bit to 3.10 to 1.

* I wonder what @dan and @alapha are going to do with that STEEM/SBD valued at $2M each?

* LOTS of <a href="https://steemdb.com/labs/powerdown">power down</a> STEEM hitting next week at 361% more than the previous week with over 5M STEEM hitting on Tuesday. Could that impact the price?

<a href="https://steemdb.com/labs/powerdown"><img src="https://content.screencast.com/users/lukestokes/folders/Jing/media/aaa76dfd-064e-4152-9ac5-a586383efc92/00004322.png" /></a>

-----

<img src="https://steemitimages.com/DQmR3hhPtgcqhNDZyArucp2dZv2pG62WDKiWam8jrppCXNB/on_a_log_cropped.png">

<p>
    <div class="pull-right">
        <a href="https://steemit.com/introduceyourself/@lukestokes/my-name-is-luke-let-s-create-the-world-we-want-to-live-in"><img src="https://steemitimages.com/DQmRh7DLpp1hDKugxyWxdDof7rkj5fpBus6tECvv7vcmL6d/smile.png" /></a>
    </div>
    <em><a href="https://steemit.com/introduceyourself/@lukestokes/my-name-is-luke-let-s-create-the-world-we-want-to-live-in">Luke Stokes</a> is a father, <a href="https://steemit.com/@corinnestokes">husband</a>, <a href="https://www.foxy.io/">business owner</a>, programmer, STEEM witness, and voluntaryist who wants to help create a world we all want to live in. Visit <a href="http://understandingblockchainfreedom.com/">UnderstandingBlockchainFreedom.com</a></em>
</p>

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