Purpose

Considering the question asked in this dashboard as:

• Examine user behavior in recent weeks leading up to the merge on at least 3 major protocols.

• Have there been any changes in the amount of ETH removed from protocols like Uniswap and Aave? Note any trends or outliers you find

  
  Here, it is tried to analyze users behavior in terms of the amount of ETH removed from three main protocols of Uniswap, AAVE, and MakerDAO.

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Methodology

To visualize the data asked in this dashboard, the following tables were used:

• ethereum.uniswapv3.ez_pools
• ethereum.aave.ez_withdraws
• ethereum.maker.ez_withdrawals

ETH removed from Uniswap

• According to this graph, we see that the highest amount of ETH removed from Uniswap in the last three weeks is related to Sep 15, 2022 with total volume of 35.359k and the least amount is seen for Sept 4, 2022 with total volume of 19.451k
• Generally, there is ups and down in the amount of ETH removed from Uniswap and a clear pattern can not be defined and followed for this item over last two month. However, if we want to consider these three weeks in total, it can be said that there is a decline in the amount of ETH removed from Uniswap from Aug 17, 2022 (Amount = 28.806k) to Sep 17, 2022 (Amount = 21.185k).

• Considering the data visualized in this graph, we see that the highest amount of ETH removed from AAVE over the last month is related to Sep 15, 2022 with total withdraw volume of 358.2119k and the least amount of withdraw volume is for Sep 17, 2022 with 22.23k.
• Generally, there is not a quit clear trend for ups and down of ETH withdraw on AAVE over las month.

ETH removed from AAVE

ETH Removed from Maker DAO over Last Month

• Regarding the data on this graph, the highest volume of ETH Withdraw on makerDAO is for Aug 26, 2022 and Sep 14, 2022 with volume of 15.54k and the lowest volume of ETH withdraw is for Sep 10, 2022 with volume of 403.7605.
• generally, there is no clear trend for ups and down of ETh removed in the target period of time (last month).

Conclusions

The event of “Merge” was happened on Sep 15, 2022.

The most important factor that can be effective after the success of Merge is the passing of the historical curve, the conclusion of research, tests and developments of ethereum in the last 7 years and finally reducing the investor's risk in investing on ethereum! In all the media, they are trying to reduce inflation by 90%, but one of the most important priorities of an investor is security and the amount of risk that is possible, and reducing inflation by 90% is not attractive if there are relative risks! So the reduction of these risks after Mergemeans the entry of new actors to invest in Ether! But the next thing mentioned is the 90% reduction in ether inflation!

After Merge, the reward for producing a new block in Ethereum will decrease by about 90%, which is equivalent to three Bitcoin halvings, and it is known as Triple Halving in Ethereum, that the daily production of Ether will decrease from 13,000 to 1,300, and even if after Merge, the demand We have a severe supply reduction in the new form The next thing is the increase in the demand for stick ether in the network and confirmation of blocks in the network due to the change of the consensus mechanism from proof of work to proof of stake or POS, in addition to that, the profit of stick ether in the network will increase from the current value of 6% to above this value. It reaches and increases the motivation and risk to become a validator in the network.

• Considering what was said above about the event of Merge on Sep 15, 2022, it is now quit clear that what the volume of ETH removal from the mentioned protocols has increased on September 15, 2022. I think this amount of ETH removed has been targeted to be staked. Considering the volume of ETH removed from three protocols of Uniswap, AAVE, and MakerDAO, the following data were extracted:
• On Uniswap, we see a sharp increase in the volume of ETH removed, form 29.56k on 14 Sep to 35.359k on 15 Sep, 2022 that can be attributed to the event of Merge on Ethereum.
• On AVVE, again we see a sharp increase in the volume of ETH removed, from 255.50k on Sep 14, 2022 to 358.21k on Sep 15, 2022.
• On MakerDAO, again, we see a sharp increase in the volume of ETH removed, from 12.81k on Sep 13, 2022 to 14.44k on Sep 14, 2022, one day before the occurrence of Merge.
• making a comparison between these three protocols, it cna be said that the highest amount of ETH removed regarding the Merge was happened on AAVE (358.21k), followed by Uniswap (35.359k) and MakerDAO (14.44k)

Introduction

In a big update termed "the merge" on Sept. 15, Ethereum transitioned from energy-intensive to sustainable technology. Ether, the platform's native cryptocurrency, maintained constant in the hours after the integration. Nine hours after the merger, it was just 5% lower than before. This redesign of the world's second-most valued cryptocurrency took years. Blocks of new transactions are now validated using financial incentives and punishments instead than machines tackling immensely complex arithmetic problems. This update could cut network power usage by 99.99%.

It's impossible to foresee how the merger will play out over time, but investors should examine these factors:

Nonsense. If you owned ETH before the merge, you need to do nothing.

• Beware of scams. Ethereum warns against scammers who say you must upgrade to "ETH2." None exists.
• New coins are scarce. New ETH tokens enter circulation 90% slower since mining rewards are no longer paid out.
• Similar gas prices and transaction speeds. Ethereum has struggled with congestion and high transaction prices. The merge didn't fix either problem.
• Sharding can happen. Sharding divides validation work and increases network capacity. By allowing phones to become nodes, this could expand
• Ethereum network participation and reduce congestion. Sharding becomes possible after the fusion. Developers plan to add it to Ethereum next year.
• Potential power concentration. After the integration, staker wealth will drive the network, not computing power. The biggest owners, especially custodians, could have outsize sway in the Ethereum ecosystem, moving away from the decentralized ethos that cryptocurrency proponents appreciate.

Predicted Ethereum Price for 2022: between $500 and $4,500

Numerous Ethereum price forecasting specialists claim that ETH might surpass $4,000 in 2022. Bloomberg intelligence analyst Mike McGlone recently predicted that the price of Ethereum will conclude the year between $4,000 and $4,500.