What can be seen in the stable coin to Eth pairs is that in the price drop in latter part of May the LPs are not following price and appear in the majority to have waiting for the price to return to mid 2000s and back into range. The other pairs show less clear patterns but often when price moves to the edge of price range there appears to be a widening of LPs ranges, so it could be that when price is volitile then LPs will expand their range instead of guessing where the market goes next.

As you can see from the hover-over the black line is the price of ETH and the three volatile lines show the average; upper, middle and lower bounds of the LPs positions in the pool. These averages are weighted by the size of the LPs liquidity to better show where the majority of the liquidity is going.

Liquidity Position changes over time.

The following line charts show the changes in LPs' positions in the new UniswapV3 pools. The first days of the UniswapV3 pools have been filtered out as there are a lot of wild upper and lower prices set for liquidity ranges as LPs try to understand the new pool mechanism. A few upper price outliers have also been filtered out. This is to stop the axis expanding too far to clearly see the movements in the tokens price.

The data below is looking at the top 20 pools (by TVL) on Uniswap V3 and how much liquidity has been placed outside of price range.

Liquidity set out of range.

The table below shows all the individual positions which are out of range. Only positions which are over $50K are included.

The link to the details of each position on Uniswap is included in the table under column 'LINK_TO_LIQUIDITY'.