According to data from Etherscan, the Gas Price of the Ethereum network has experienced significant growth since mid-September. It originally climbed from less than 5 Gwei to more than 25 Gwei. Many Ethereum supporters believe that this is the reactivation of the Ethereum network. Signs of getting up.
However, when we look at the number of daily active addresses on Ethereum, we find that the number is actually falling, indicating that the recent increase in gas price is not due to a rebound in overall network activity.
According to the blockchain data platform Artemis, as currency price fluctuations bring arbitrage space to the on-chain market, MEV robots bid for transaction confirmations in order to obtain arbitrage opportunities. This shows that the growth of Ethereum Gas Price is mainly due to MEV robot arbitrage activities, rather than the natural growth of network usage.
Among them, Jaredfromsubway.eth, the most famous MEV robot in Ethereum, has always topped the list of recent gas consumption on the Ethereum network. From September 15 to now, the robot has paid a total of 86,630 ETH in gas fees, with a total value of more than 200 million US dollars.
