ETH Down Bad
The price of Ethereum has sank in recent days - how does it compare to other tokens amid a general market downturn? Can you find evidence of any potential causes for ETH's struggle? Are there any other indicators that could help us predict whether/when it could recover?

> ## What Is Ethereum (ETH)? > Ethereum is a decentralized open-source blockchain system that features its own cryptocurrency, Ether. ETH works as a platform for numerous other cryptocurrencies, as well as for the execution of decentralized smart contracts.
Ethereum was first described in a 2013 whitepaper by Vitalik Buterin. Buterin, along with other co-founders, secured funding for the project in an online public crowd sale in the summer of 2014. The project team managed to raise $18.3 million in Bitcoin, and Ethereum’s price in the Initial Coin Offering (ICO) was $0.311, with over 60 million Ether sold. Taking Ethereum’s price now, this puts the return on investment (ROI) at an annualized rate of over 270%, essentially almost quadrupling your investment every year since the summer of 2014.
The Ethereum Foundation officially launched the blockchain on July 30, 2015, under the prototype codenamed “Frontier.” Since then, there has been several network updates — “Constantinople” on Feb. 28, 2019, “Istanbul” on Dec. 8, 2019, “Muir Glacier” on Jan. 2, 2020, “Berlin” on April 14, 2021, and most recently on Aug. 5, 2021, the “London” hard fork.
Ethereum’s own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime and fraud.
What did happened to FTX?
Last updated 11:46 UTC 12th November 2022 – Reports began to appear late on Friday night that FTX wallets looked like they were being drained in a series of mysterious transactions.
Watchers concluded that FTX had either been hacked or insiders were making off with client funds in the latest incendiary developments in the FTX collapse.
At 07.30 UTC, FTX US general counsel Ryne Miller confirmed that there have indeed been "unauthorized transactions" from the group's wallets to addresses not under the control of FTX.
Method
- in this dashboard I will show Daily price of ETH and Compare it with selective tokens like Matic and Atom.
- we check swap transactions of ETH and Matic and Compare them together.
- I am going to show Moving average price of ETH and compare it with other tokens.
- I am going to show Cumulative data about ETH.
Summary
- in terms of daily price of ETH after 5 Nov price of ETH has experienced downward trend and fall from $1640 on 5 Nov fall into $1100 on 22 Nov. also Sol has downward trend after 5 Nov and fall into $11.7 on 22 Nov. on the other hand Matic has experienced Oscillating motion during November and it seems Matic has proof against fallen of ETH price during November rather than SOL. in addition, ALGO price trend was like ETH and SOL and Algo has downward trend after 5 Nov. Like ATOM and AAve. all tokens has experienced a big fall on 20 Nov since Ethereum fall on this day and it effect on other tokens.
- in terms of compare moving average ETH with other tokens, only Matic had higher moving average than ETH but other tokens is below than ETH moving average.
- ETH average price in November is $1200, Matic $0.86, SOL $14.26, ALGO $0.24, ATOM $10 and AAve $58.5.
- Compare current price of ETH with the highest price of each token, the highest price of ETH was on 5 Nov and price of that day was 37% percentage above than current price. for Sol on 5 Nov about 150% above than current price, Matic about 41%, Algo about 74%, ATOM about 54% and AAVe about 64%.
- The highest ethereum transfer was on 1 Nov and the highest number of transactions related to Dapps with about 93K. but the highest number of Users was on 18 Nov and users who transferred to Central exchange had the highest number of Users.
- the highest Volume of transfer was on 9 Nov and transferred to Cex had the highest volume with about 4M.
- Totally, Dapps had the highest number of transfer transactions with about 1.68 but Central exchange had the highest number of user. furthermore, Cexs had the highest volume with about 29.5M.
- Weth had about 2.5M swap transactions and, had most volume about swap from and out and the highest daily WETH swaps was on 8 and 9 Nov with about 142K.
- Matic had the highest number of swaps was on 3 Nov with about 2.7K swaps.
- It seems sell of Eth via Hackers really not enough to change trend of market of ETH price but effect of this news had negative effect on market and people scared from this.
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