Outline

For this question, we are taking a look at the volumes of ETH that has been deposited or withdrawn from the StarkWare platform. We also analyze the number of unique wallets that performed these two types of transactions.

Part 1: Deposited ETH Volume

We first take a look at the total volume of ETH deposited into StarkWare. From the beginning, there has been 408 ETH deposited into StarkWare.

This amount of ETH has been deposited through 21,776 transactions.

An in total 18,068 unique wallets have deposited ETH into StarkWare.

Now lets Analyze these statistics through time:

First, we take a look at the relation between the number of unique wallets and the number of deposit actions.

Our observations:

1. It is obvious that these two has a direct correlation, since they both rise and fall together.
2. The deposits are very limited in the beginning and they started increasing on the week of May 9, and by a large margin. They decrease on the week of May 23, had a spike on June 13 and continue to decrease afterwards.

Next, we take a look at the relation between the number of unique wallets and the total ETH deposited into StarkWare.

Our observations:

1. Volume of deposited ETH has a close relation with the number of unique wallets that deposited ETH into StarkWare in each week.
2. After May 16, though both statistics fall, the total volume of ETH decrease with a slower slope, so much that on July 20, though the number of unique wallets decreased the total volume of ETH stayed almost consistent. This can signal a whale action.

Part 2: Withdrawn ETH Volume

We have found that the total volume of ETH that has been withdrawn from StarkWare is 37.8, and this amount has been withdrawn using 1545 transactions.

We also take a look at the number of unique wallets that performed withdrawal on StarkWare. We have found that there were 1322 unique wallets who executed such an operation.

Now, it is time for looking at withdrawal though time:

As done for the previous section, we first analyze the number of unique wallets and the number of withdrawals.

Our observations:

1. Withdrawals did not start until April 24.
2. The trend of withdrawal is similar to that of depositing. Meaning it first increases until the third week of May, and decrease after that. And then experiences a peak on the third week of June.

Finally, lets analyze the number of unique wallets vs. the total volume of ETH withdrawn.

Our observations:

1. Same as deposit, the number of unique wallets and total amount of ETH withdrawn, rise and fall together.
2. On the week of May 30, both the number of unique wallets and the volume of withdrawal decreased, meaning a low congestion on the network.
3. On the week of June 6, both statistics began to increase so much that on the week of June 13, the total volume of ETH withdrawn experienced an all time high. This happened when the number of unique wallets did not increased as much. Yet another indicator of whale movement.

Conclusions

1. The total number of depositors and the volume deposited are much higher than the total number of withdrawers and the volume that has been withdrawn.
2. The second and the third week of May, and the third week of June, were high congestion periods for the StarkWare network.