Good work, so now we know that on top of those 4 millions bter also owns those 18 millions, almost 9% of quark. Plus we now know that btc38 have about 7,8 millions in cold storage separated by 3 address each with 2 millions and another one with ~1,8 million, and their daily address has another ~3,5 million that makes it another ~5% of total. We don't know how much cryptsy has in reality, bronevik only discovered ~200K but there may have alot more in cold storage. I would say in total the exchanges hold about 10%-15% of total quark. I don't know how it compares to Bitcoin but just as a reminder mtgox had stolen/lost more than 800K from their cold storage..
"Why did those chinese exchanges send away the Quarks to another wallet last month? Do they not want to be too open about their cold wallets?"
"How many cold wallets does one exchange have?"
You must imagine the security measures employed at these exchanges will be most severe, and the fact they haven't yet updated their addresses is their business.
"The Quarks at the exchanges for sale at bter are not more than 400k , and at btc38 1.6M." Its easy, if you put them all for sale you will crash the market,
and because this isn't in anyone's intention(unless they want to commit financial suicide) then they will only put for sale a portion.
"Can we still assume that this address: QRHb2CTvGnwwrf6GHrxgQcH2tTAUoGhnC2 still belongs to an exchange because it is not published by bter/btc38?" They won't publish every single address of different levels of security, they most likely publish the main cold storage one to prove to potential traders that they have plenty resources to provide liquidity.
@ Maok. Can you help me understand the balances in cold wallet storage at exchanges a little bit better.
As you explained it, I assumed that bter and btc38 own the Quark in the cold storages (and do not belong to the individual traders at their exchange). And I assumed that my balance of my wallet at the exchange was visible in the block explorer. Therefore I checked whether my assumptions were correct.
I have an account at bter with some Quark on it:Qd8aiHVNUwqTvasfKJNHrNgBatnJYjE53Q
When I check my balance at bter: 399,5696 QRK (it is just in my wallet at the exchange not in a sell order).
When I check my balance at the block explorer: 0 QRK
It seems that my balance was once send away (to a cold wallet storage??). And as long as I am trading within bter, nobody can see my true balance at bter in the explorer?
Is it correct that the 18M address at bter also express the balances of the individual traders (and that my 400 Quark is stored there)?
And that my assumption was wrong that the 18M Quark is owned by the exchange?
