withdrawal to deposit ratio is about the same as last week at 3.73 to 1.
That is very interesting and confusing. What is supporting the increase in price then?
Or is that user count and not the amount Steem going in and out?
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It's just by account numbers (not necessarily "users" since some users have multiple accounts). It's a rough metric that I personally find interesting, but you'll have to look through previous reports to see if it has any value. The price support always comes from buyers. Simple as that.