At the end of October, exchange wallets held 300M HIVE, or more than 50% of the recorded HIVE supply. Upbit remains the largest holder in this group.
Let’s look at the data for Hive on exchanges!
Here we will be looking at the following:
- Net deposits VS withdrawals
- HIVE balance on exchanges
- Top accounts by net deposits for 2026
- Top accounts by net withdrawals for 2026
- Top exchanges balance
- Upbit and Binance balance
The analysis uses 43 mapped wallets across 14 groups: Upbit, Binance, Bithumb, MEXC, Gate.io, Hive Engine, Bitget, HTX/Huobi, Indodax, Probit, Bittrex, Ionomy, BitMart and CoinEx.
Net Daily Deposits and Withdrawals from Exchanges
Daily deposits less withdrawals show the net HIVE transferred into the mapped exchange wallets. Positive bars mean net deposits; negative bars mean net withdrawals.
Transfers between exchanges wallets are excluded from the overall flow charts. The data measures token transfers, rather than trades or sales.
The large positive and negative daily moves in 2021 remain visible. Later years show smaller daily swings, while the cumulative net flow increasingly favors deposits.
For January to October 2026, net deposits total 73M HIVE. Deposits exceed withdrawals in each of the ten monthly totals, though the daily flow still moves in both directions.
Monthly Net Deposits VS Withdrawals
Adding the daily net transfers by calendar month gives the following chart. October includes the full month through 31 October UTC.
The monthly chart makes the recent pace easier to compare. October recorded 3.2M HIVE in net deposits, down from 5.2M in September. August 2026 was an ATH month in deposits with 13.8M HIVE in net deposits.
January to October net deposits reached 73M HIVE, compared with 30M for the full year 2025. These are net customer transfers under the wallet map, rather than the sum of gross deposits.
HIVE Balance on Exchanges
Here is the chart.
The longer history shows a growing exchange balance with periods of withdrawals along the way. In October alone, the observed balance increased by 3.2M HIVE, from 295.6M to 298.8M.
Net deposits by year look like this. The 2026 figure covers January to October:
| Year | Net HIVE to Exchanges |
|---|---|
| 2021 | -2,440,953 |
| 2022 | 15,324,520 |
| 2023 | 24,000,220 |
| 2024 | 38,984,092 |
| 2025 | 30,052,185 |
| 2026 Jan–Oct | 73,251,195 |
The next chart compares the exchange balance with the total HIVE supply in terms of percentages.
HIVE held on exchanges as a share of total supply
The historical share series is retained before June. Later supply observations come from HBDStats; days without a supply observation are omitted from the plotted share series. At the October close, the mapped wallets held 50.31% of HIVE supply, compared with 50.18% at the September close. This is an increase of 0.13 percentage points.
The largest mapped exchange balances at 31 October 2026 are:
Upbit leads with 210M HIVE. Binance follows with 54M, then Bithumb with 26M. Upbit and Binance together hold 264M HIVE, or close to 90$ of the exchanges balance.
Upbit
When we take a closer look at Upbit we have this chart:
Upbit closed October with 210.05M HIVE, equivalent to 35.37% of total HIVE supply and 70.31% of the mapped exchange balance.
Binance
The Binance chart looks like this:
Binance closed October with 54M HIVE, or 9% of total supply. Its balance has varied considerably over the chart’s history, with a recent spike up to 68M and down to the current levels.
Here is the chart for Upbit VS Binance:
At the October close, Upbit holds 210M HIVE compared with 54M on Binance. Upbit’s mapped balance is approximately 4 times Binance’s balance.
Top Accounts by Net Deposits in 2026
The chart ranks the top 15 accounts by deposits minus withdrawals from January through October 2026. Direct transfers between mapped exchange wallets are excluded.
The wallet map is incomplete by nature. Routing and helper accounts can remain in the rankings when they are not mapped.
xchangeout leads with 9.94M HIVE in net deposits, followed by hiveframe with 8.47M and exchangeme with 5.45M. The ranking measures net transfers for the first ten months of 2026. These all seems like exchanges helpers accounts.
Top Accounts by Net Withdrawals in 2026
The chart ranks the top 15 accounts by withdrawals minus deposits for January to October 2026. Values are shown as positive net withdrawals.
The same wallet coverage and routing qualifications apply to this ranking.
htx-9tuqx5jg has the largest net withdrawals at 11M HIVE, followed by eos11bitmart at 2.4M and xt9998 at 1.4M. As for the deposits, a lot of exchange helper accounts here as well.
All the best @dalz
