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.

Summary

• the highest Daily ETH Deposit volume was on 15 Sep with 500K ETH and on 19 Sep with 490K ETH was second place. these days were on after merge.
• the highest daily ETH withdraw volume was on 19 Sep with 3.8M ETH.
• NET volume of Deposit and Withdraw amount showed the highest withdraw amount was on 19 Sep with about 3.26M ETH.
• the highest number of withdrawers count was on 14 Sept with 42. this day was situated after merge.
• the highest number of depositors count was on 19 Sept with 47. this day was situated after merge.
• the highest number of deposit transactions was on 19 Sept with 73. this day was situated after merge.
• the highest number of withdraw transactions was on 15 Sept with 54. this day was situated after merge.
• Total ETH Deposit amount is 2.6M ETH. the most of this amount deposited after merge.
• Total ETH Withdraw amount is 6.16M ETH. the most of this amount deposited after merge.
• Total Deposit transactions is 911. the most of this deposit transactions after merge.
• Total Withdraw transactions is 900. the most of this withdraw transactions located after merge.