Analysis of Ethereum’s active time and transactions: Ethereum is more active abroad than in China

According to data from the Poloniex platform, Ethereum trading activity peaks between 3pm and 4pm (London time)

Top 5 hourly time periods by trading volume (more than 2x average volume) (London time)

1. 15:00–16:00
2. 14:00–15:00
2. 16:00–17:00 Tied for 2nd place
4. 19:00–20:00
5. 17:00–18:00

Convert to (New York time)

1. 10:00–11:00
2. 09:00–10:00
2. 11:00–12:00
4. 14:00–15:00
5. 12:00–13:00

Convert to (Shanghai time)

1. 23:00–00:00
2. 22:00–23:00
2. 00:00–01:00
4. 03:00–04:00
5. 01:00–02:00

Data: Ethereum to Bitcoin trading volume on Poloniex every 30 minutes
Chart analysis: On the 35th day of 2016, February 4, the trading volume between 10am and 10:30am UTC was more than 4 times the average trading volume for the day.

Data: Ethereum to Bitcoin price changes every 30 minutes on Poloniex
Chart analysis: On the 18th day of 2016, January 18, the price change from 4:00 pm to 4:30 pm UTC was more than 4 times the average price change of the day.

Data: Daily Ethereum to Bitcoin Trading Volume on Poloniex
Chart analysis: On March 5, Saturday of the 10th week of 2016, the trading volume on that day was more than twice the average trading volume of that week.

Data: Daily Ethereum to Bitcoin Price Changes on Poloniex
Chart analysis: On Thursday, February 25, the 9th week of 2016, the price change on that day was more than twice the average price change of that week.

Analysis of the situation of Ethereum trading on Bitfinex platform 10 minutes after it started

Price and amount of ether sold:
10% premium: 5904
20% premium: 1674
30% premium: 652
40% premium: 633
50% premium: 10

The x-axis is the order sequence of the 86 trades made in the first 10 minutes of trading.

At 12:00 UTC on March 14, 2016, Bitfinex added ETH/BTC and ETH/USD trading pairs, the same day Ethereum Homestead was released.

analyze:

According to data from the Poloniex platform, the most active times for Ethereum trading are in the afternoon of London time, morning of New York time, and midnight of Shanghai time. This shows that the activity of Ethereum abroad is higher than that in China.

According to data from the Bitfinex platform, Ethereum is showing a good development trend in trading on the Bitfinex platform, and the platform has a significant impact on the price of Ethereum.

More information:

1. For interactive charts and raw data, please visit:

http://slacknation.github.io/medium/4/4.html
http://slacknation.github.io/medium/3/3.html

Original article: https://medium.com/@slacknation
Author: slacknation
Compiled by: Kyle
Source (translation): Babbitt Information (http://www.8btc.com/eth-trading-activity)