Life With and Without Binance

We looked how Binance withdraw/deposit suspension at 8–15 of May, 2019 affected the overall money flow for Ether and some tokens. Deposit and withdrawals were blocked for Binance users for security measures taken by Binance after the funds were stolen.

How we Built Token Graphs

Token Graph by Bloxy.info allows to visualize major money movements for the specified timeframe:

and selected currency.

We used Token Graph to build the picture of money flow before, during and after Binance suspension. We selected a part of the graph around major exchanges, including Binance, Bitfinex, Okex, UpBit and Kraken.

Also you can use the tool and experiment with the detail level controlled by a slider on the top of the graph:

You will see what huge effect Binance has on Ethereum flow of multiple tokens, especially own token, BNB.

Seeing is better than words…

Ether flow before the incident