RE: Weekly report: How much STEEM is stored on the exchanges? - January 24, 2019

[isacoin]

8.8 millon steem i wonder who that is?

@ned transfer to bittrex last 3 months 3.3 million steem

@steemit transfer to bittrex 3 million

@steemit2 through @gsr-io 800k

@steemit2 through @alpha aka @blocktrades 3.7 million

so 9.6 million STEEM altogether withdrawn to bittrex via multiple sources within 3 months

i imagine they moved to bithumb due to acceptance of shady practices @bittrex and @poloniex will freeze coins for withdrawal and deposit if they see high holders are manipulating markets

Comments

[acidyo]

i imagine they moved to bithumb due to acceptance of shady practices @bittrex and @poloniex will freeze coins for withdrawal and deposit if they see high holders are manipulating markets

I very much doubt that considering the people who were washtrading BCH on bithumb were arrested.

[isacoin]

pretty sure no one was arrested for washtrading on @bithumb and when presented the evidence they denied it was happening at all.

which was funny considering 95% of daily trading volume was happening within a few minutes around 11 am

also in September bithumb had $350 million daily volume and by November was $11 billion over 12 times volume

for more on this

https://www.forbes.com/sites/johnkoetsier/2018/12/19/report-top-crypto-exchange-bithumb-faking-up-to-94-of-trading-volume-bithumb-denies-allegations/#523c135a645d

[acidyo]

You're right, the article I found was about upbit apparently.

[isacoin]

dodgy exchanges are easily confused