LindenX volume

I'm going to post this here since they closed my and many other people's favorite thread. I looked at the LindeX activity this week comapred to last week and the pervious week to see if it makes sense. It was done simlpy looking at the USD value of L$ entering the LindeX limit sell market on a given day. That day being Thursday, I see that two weeks ago $37k worth of L$ was placed on the lindeX from L$280/1 and above. Last weeek that number was only $32k worth of L$ was placed on the lindeX from L$280/1 and above. This week the number is $48k worth of L$ was placed on the lindeX from L$280/1 and above. Now the actual absolute number of L$ is going to be different because of the difference in exchange rate so we will look at that as well. Two weeks ago $37k worth of L$ was 12,240,710, last week $32k worth of L$ was 10,450 560, and today $48k worth of L$ was 14,547,360.

My conclusion is there is a large amount of selling L$ at what appears to be that best rate in recent months this week versus the realization that the L$ was undervalued and due for a rise the previous week. How long will this selling continue? It's hard to say but as long as it does the L$ exchange rate wont drop very fast this weekend, however the minute the excess selling stops, the exchange rate will continue to fall. When it becomes apparent that holding L$ is more profitable than selling it the sellers will pull back just like last week.

Now I wont be around for the weekend LindeX action so there will be no more updates until I get back and can gather at least another weeks worth of data. I'm leaving for Maine via Bposton and not returning until the 15th of July. For those of you counting on a L$ recovery, keep the faith, the volume of ingame residents keeps rising (todays peak was 8,155) and the volume of USD entering the LindeX does as well. Last week was a record week for USD volume, $303,848 was purchased and we are currently almost $5k ahead of last week.

Sales: US$ 45,699 (L$ 13,849,884)
Sell orders: US$ 62,351 (L$ 18,896,86
Sell-out time: 2.4 days

Sales: US$ 48,230 (L$ 14,601,652)
Sell orders: US$ 62,303 (L$ 18,862,132)
Sell-out time: 2.3 days

Sales: US$ 47,763 (L$ 14,330,703)
Sell orders: US$ 48,416 (L$ 14,526,621)
Sell-out time: 2.0 days

Sales: US$ 39,123 (L$ 11,747,974)
Sell orders: US$ 61,874 (L$ 18,579,432)
Sell-out time: 2.6 days

Sales: US$ 46,943 (L$ 14,319,409)
Sell orders: US$ 67,723 (L$ 20,658,372)
Sell-out time: 2.4 days

Sales: US$ 51,543 (L$ 15,592,244)
Sell orders: US$ 68,020 (L$ 20,576,827)
Sell-out time: 2.3 days

Sales: US$ 36,164 (L$ 10,964,104)
Sell orders: US$ 70,455 (L$ 21,360,57
Sell-out time: 2.9 days

Sales: US$ 44,190 (L$ 13,391,241)
Sell orders: US$ 68,537 (L$ 20,769,414)
Sell-out time: 2.6 days

Sales: US$ 50,163 (L$ 15,090,07
Sell orders: US$ 55,698 (L$ 16,755,061)
Sell-out time: 2.1 days

Sales: US$ 44,038 (L$ 13,205,130)
Sell orders: US$ 47,871 (L$ 14,354,589)
Sell-out time: 2.1 days

Sales: US$ 47,642 (L$ 14,488,266)
Sell orders: US$ 53,773 (L$ 16,352,974)
Sell-out time: 2.1 days

Sales: US$ 44,308 (L$ 13,481,937)
Sell orders: US$ 64,871 (L$ 19,738,982)
Sell-out time: 2.5 days

Sales: US$ 25,540 (L$ 7,841,097)
Sell orders: US$ 68,927 (L$ 21,161,281)
Sell-out time: 3.7 days

Note that there was a LindeX downtime for technical reasons.

Sales: US$ 38,241 (L$ 11,825,704)
Sell orders: US$ 75,495 (L$ 23,345,965)
Sell-out time: 3.0 days

Note that there were downtimes of both SL (longer than on a usual update wednesday) and the LindeX (short).

Sales: US$ 42,210 (L$ 12,919,499)
Sell orders: US$ 70,080 (L$ 21,450,116)
Sell-out time: 2.7 days

Sales: US$ 46,365 (L$ 14,127,061)
Sell orders: US$ 63,018 (L$ 19,200,852)
Sell-out time: 2.4 days

Since the LindeX Market Data were not updated until now, I used the values for sales and average exchange rate from just before midnight.

And here are the "official" figures for the volume of sales:

Sales: US$ 46,383 (L$ 14,132,561)

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Xerius your title says 22 July, isn't that data for the 21st?

You are right, of course

Sales: US$ 49,365 (L$ 15,114,626)
Sell orders: US$ 69,343 (L$ 21,231,502)
Sell-out time: 2.4 days

Sales: US$ 39,111 (L$ 12,026,114)
Sell orders: US$ 66,996 (L$ 20,600,565)
Sell-out time: 2.7 days

Sales: US$ 36,249 (L$ 11,269,193)
Sell orders: US$ 77,137 (L$ 23,980,411)
Sell-out time: 3.1 days

Sales: US$ 38,051 (L$ 11,825,513)
Sell orders: US$ 66,948 (L$ 20,806,131)
Sell-out time: 2.8 days

Sales: US$ 36,730 (L$ 11,277,521)
Sell orders: US$ 63,616 (L$ 19,532,694)
Sell-out time: 2.7 days

Sales: US$ 41,515 (L$ 12,759,511)
Sell orders: US$ 65,682 (L$ 20,187,259)
Sell-out time: 2.6 days