⛽Weekly Ethereum Gas Price Tracking ⛽
⛽Weekly Ethereum Gas Price Tracking ⛽
🗓️ Date Range: November 05 — November 11, 2023
Want to know the best time to trade for the lowest gas price? Curious about the profit strategy of trading $GAT? Dive in:
Summary:
- The total Gas fees for this week is approximately 3,195 ETH.
- The average daily gas consumption is 456.43 ETH.
- Minimum gas price: 16 gwei, Maximum gas price: 367 gwei.
- Among gas consumers, Uniswap, Wrapped Ether, and MEV rank in the top three.
✅ Trade on Sundays (UTC) for lowest gas prices. On weekdays, trade between 4:00 am and 10:00 am UTC for lower gas costs.
❗Avoid trading on weekdays from 1:00 pm to 11:00 pm UTC due to higher gas costs.
Traders buying $GAT-10 at the week’s low of 430.11 gwei and selling at its peak of 472.96 gwei could amplify their returns by 9.96%. This strategy leverages the 42.85 gwei price difference through gas price fluctuations.
From November 05, 2023, to November 11, 2023, a total of 3,195 ETH was consumed. Based on the price of 1 ETH = $2,051, the total amount is $6,552,945 USD. #gasfi
【Gas Fees of Top 5 Gas Spender Entities】
Regarding the Share of Gas Fees of Gas Spender Entities, the top five are Arbitrum, Binance, Optimism, Coinbase, and MEV, collectively accounting for more than 50% of the total share.
【Gas Fees of Top 5 Gas Consumer Entities】
For the Share of Gas Fees of Gas Consumer Entities, the top five are Uniswap, Wrapped Ether, MEV, 1inch and MaestroBots, with Uniswap alone accounting for about 50% of the share.
