Weekly report: How much STEEM is stored on the exchanges? - August 9, 2018

in #steem6 years ago

The charts below show how much STEEM is stored on each exchange where STEEM is listed.

Rule #1 in the crypto world: Don't store your cryptocurrencies on an exchange!

STEEM stored on all exchanges

STEEM stored on Bittrex

STEEM stored on Poloniex

STEEM stored on Binance

STEEM stored on Huobi

STEEM stored on Upbit

STEEM stored on Bithumb

STEEM stored on Openledger

STEEM stored on Gopax

How much STEEM is currently stored on each exchange?

ExchangeSTEEM
Bittrex24,497,009 STEEM
Poloniex10,194,336 STEEM
Binance7,788,945 STEEM
Huobi3,579,668 STEEM
Upbit500,719 STEEM
Bithumb1,498,932 STEEM
Openledger565,118 STEEM
Gopax437,858 STEEM

Total amount of STEEM stored on all exchanges: 48,960,831 STEEM
Total STEEM supply: 273,201,927 STEEM
Liquid STEEM: 79,458,213 STEEM

  • 17.9% of the total supply is stored on the exchanges.
  • 61.6% of all liquid STEEM is stored on the exchanges.

¯\___(ツ)____/¯ Follow me @penguinpablo for daily Steem statistics.

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I find this number incredible in particular: 61.6% of all liquid STEEM is stored on the exchanges.

Thanks @penguinpablo for those regular informative stats!

Is that mostly steem owned by the exchanges themselves? It doesn't make much sense to me to hold your steem off this steem site until you want to sell it

You may hold active orders on exchange.

Does not make tons feel to me to keep your steem off this steem web site until you need to promote it

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It seems t like the increase correlates well with the decrease in prices as people send to exchanges to sell out of positions.

Awesome charts :) tipuvote!

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Wow did polo really froze funds for several months? ! No wonder nobody Wants to trade their anymore!