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

Ether 1–8 May, by Token Graph, Bloxy.info

Ether flow during Binance Suspension

Ether 9–14 May, by Token Graph, Bloxy.info

Ether flow after Binance Suspension

Ether 15–16 May, by Token Graph, Bloxy.info

TUSD ( Tether) token flow before the incident

TUSD 1–8 May, by Bloxy.info Token Graph

TUSD ( Tether) token flow during the suspension

TUSD 9–14 May, by Bloxy.info Token Graph

TUSD ( Tether) token flow after the suspension

TUSD 15–16 May, by Bloxy.info Token Graph

BNB token flow before the incident

BNB 1–8 May, by Bloxy.info Token Graph

BNB token flow during the suspension

BNB 9–14 May, by Bloxy.info Token Graph

BNB token flow after the suspension

BNB 15–16 May, by Bloxy.info Token Graph
BNB transfers / volume over time, by Bloxy.info

Quite interesting to see that during the suspension, the activity around BNB token even grown, especially on 10–11 May.

What did happen over this time? Here it is:

BNB flow 9–11 May, by Bloxy.info Token Graph

Try It Yourself — It is Fun!

Token Graph for ETH is available at link: https://bloxy.info/token_graphs/ETH

For all other ERC20/223/721 tokens you can just search for token on Bloxy.info and select a Tab “Token Graph”.

Token Graph is accessible also in REST JSON API : https://bloxy.info/api_methods#token

The series of videos on Bloxy channel explain a bit how to use it:

Token Graph Explained