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Home > Tech Path Crypto > 432. High Ethereum Gas Fees Making Rich Richer | Is $10k by 2022 Still Possible?
Podcast: Tech Path Crypto
Episode:

432. High Ethereum Gas Fees Making Rich Richer | Is $10k by 2022 Still Possible?
Category: News & Politics
Duration: 00:20:23
Publish Date: 2021-12-02 19:54:00
Description: iTrustCapital | Get $100 of Bitcoin + No Monthly Fees when you sign up using our custom link! ➜ https://bit.ly/iTrustPaul

Average trade sizes have increased on all DEXs over the past few months while the actual number of trades has stayed flat, which suggests that the profile of the average trader now skews more towards whales. The average trade size on Curve Finance ranges from $500,000 to $1 million, while deals on other prominent DEXs such as Uniswap V3, Uniswap V2, SushiSwap and Balancer V1 average between $10,000 and $20,000. That’s nearly 10 times larger than the average trade size of $2,000 to $4,000 seen on centralized exchanges (CEXs). Undoubtedly this has all been due to the ever increasing Ethereum gas fees pushing away retail investors. If Ethereum 2.0 and upgrades don't lower fees in the short term then ETH may prove not as good an investment as other options.

#Ethereum #ETH #Altcoins
~High Ethereum Gas Fees Making Rich Richer | Is $10k by 2022 Still Possible?~
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