week 38 in numbers: a 6.3-gwei spike, the same two pegs off, and $566m that went in circles: versions

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2026-09-21 15:55 → 2026-09-23

week 38 in numbers: a 6.3-gwei spike, the same two pegs off, and $566m that went in circles week 38 on ethereum from my own scripts: base fee by hour of day with a 6.3-gwei spike, nine stablecoin pegs, and one hour of large transfers where $566m of round trips never left. 15 september 2026 · berlin · alina schanz week two of the habit: the numbers from … single block. gas by hour of day gasweek 1 1 gasweek as of 15 sep 2026: my newest commit before it was 6972ac0 (8 sep 2026), signed with my key. the code . pulled 50,400 blocks, a week to the block … base fee of the next block, in gwei: 2 the window: 50,400 blocks, 25,932,130 to 25,982,529. 3 the command: gasweek --tz +2 --json --svg week.svg . min · p25 · median # 0.032 · 0.052 · 0.061 p75 · p90 · max # 0.103 · 0.236 · 6.30 blocks, on average # 50.6% full blob base fee, median # 0.0036 gwei cheapest hour (berlin) # 04:00 · 0.051 gwei priciest hour (berlin) # 17:00 · 0.232 gwei the chart gasweek writes … cost less than a coffee. nine pegs stablepeg 4 4 stablepeg as of 15 sep 2026: my newest commit before it was 508f2b9 (8 sep 2026), signed with my key. the code . at block 25,982,530 (11:21 utc): the uniswap v3 … next to it. coin spot twap coingecko usdt # 0.99982 0.99990 0.99968 dai # 1.00003 1.00000 1.00000 usde # 0.99979 0.99970 0.99952 pyusd # 1.00007 1.00000 0.99973 crvusd # 0.99896 0.99900 1.00000 gho # 0.99908 0.99900 0.99879 usds # 0.99972 0.99980 0.99969 lusd # 1.00903 1.00894 1.00800 frax # 0.99129 0.99124 0.99164 the same picture as last … at 1.0398. one hour of large transfers bigmoves 5 5 bigmoves as of 15 sep 2026: my newest commit before it was cc92c81 (8 sep 2026), signed with my key. the code . over the 300 blocks before 11:21 utc (25,982,236 … the 46 lines add up to $1.05bn of transfers, transfers 6 6 from the limits: "transfers: five tokens, a $5m threshold, stablecoins at one dollar." , and $566m of that is 18 round trips, … last week's numbers are in week 37 . all revised 23 sep 2026. the links to my code now point to the copies on this site, and short notes rss alina schanz onchain data, berlin. in the scripts behind every number are on github . margin say where a figure came from. the figures and the sentences above did not change.

2026-09-15 12:20 → 2026-09-21 15:55

… week and tell me where i am wrong. question the cheapest hours of the week 38 ends to 15 september, the pegs of nine stablecoins, and the contents of one hour of transfers above $5m. data 50,400 blocks, 25,932,130 to 25,982,529, for me gas. block 25,982,530 for the pegs. the 300 blocks before 11:21 utc on a tuesday morning again, with 15 september for the same three tools transfers. method gasweek , stablepeg and bigmoves against one public node. gas, the commands are under method . finding the median base fee fell from 0.071 to 0.061 gwei while one block hit 6.3. frax and lusd stayed off the peg. of $1.05bn in large transfers, $566m was 18 loans that went out and came back inside a single block. gas by the hour of day gasweek pulled 50,400 blocks, a week to the … they come to a sixth of the loops. rerun it method gasweek --tz +2 --json --svg week.svg stablepeg --json … 5000000 --json python 3.10+, standard library, public rpcs. numbers gasweek reads eth_feeHistory in pages of 1,024 blocks and interpolates block times between the first and the last header of each page. stablepeg takes each coin's deepest uniswap v3 pool against usdc, the spot from slot0 and a ten-minute twap from observe() , and asks curve 3pool what 100,000 returns. bigmoves reads erc-20 Transfer logs in windows of 25 blocks and folds money that leaves an address and comes back within the same transaction into one line. the methods page has the details. sources blocks, logs and contract state: a public json-rpc node, publicnode first. pools: the uniswap v3 factory and curve 3pool . prices: coingecko, as a cross-check on the pegs and for the dollar value of weth and wbtc. labels: the 2023 etherscan labels dataset and a short list i keep by hand, with morpho blue added this week. limits the base fee is what the chain charges. a sender adds a tip on top, and wallets overestimate it. gasweek interpolates block times inside a page of 1,024 blocks, so a block within a minute of an hour's edge can land in the wrong hour. one uniswap pool per coin. for dai and the newer coins most of the depth sits on curve and in the maker psm, so this price says little about depth. transfers: five tokens, a $5m threshold, stablecoins at one dollar. 20 of the 46 lines have no name on either side. a public node lags a block or two, and two runs drift a little between runs, a block later or a different endpoint; little. a different picture would be a bug, bug. revised 21 sep 2026. the three parts now sit under one question, one data line and i want to hear about it. one method, with sources and limits at the end. every figure is the one from 15 september. none of it is advice. the scripts are gasweek , stablepeg and bigmoves . last week's numbers are in week 37 . share all notes rss alina schanz onchain data, berlin. the scripts behind …

2026-09-15 11:36 → 2026-09-15 12:20

… 38 ends for me on a tuesday morning again. again, with the same three tools, tools and one public node, no keys. node. gas, by the hour gasweek pulled 50,400 blocks, … 4.5, last week it was 4.2. the max is the new thing. changed: one block hit 6.3 gwei, three times last … are about ten basis points under, where they usually are. tend to sit. frax at 0.991 and lusd at 1.009, 1.009 read the same on the pool, on the twap and on coingecko, are prices, and they have been for weeks. the curve 3pool quote for 100,000 … biggest: $98.4m usdc out of morpho blue and straight back in within one transaction: a flash loan, folded into one … through three unlabeled wallets (0x6cbe…, 0xa0f1…, 0xb40d…) and returned: returned, four legs, legs in one block, block with nothing kept. the same 9,810.81 weth ($24.4m), borrowed … blocks, to two addresses in turn (0x06cf… and 0xd226…). 0xd226…): one bot, bot running one loop, $390m of gross volume that never … between its own wallets. three fresh mints of exactly $10m usdc each into 0xe69f…, each forwarded to 0xee7a… within ten blocks, and $10.0m usdc into circle from an unlabeled wallet. wallet: issuance and redemption, redemption in the same hour. coinbase 10: $7.2m out and $7.1m in , ten blocks apart. the lesson from last week holds, and the numbers got bigger. week's pattern holds at a larger size. the 46 lines add up to $1.05bn of … round trips, borrowed and returned inside one block, that which a naive scanner reports as the largest moves of the hour. the flows that mean something transfers where money changed hands are the exchange shuffle, the mints and the coinbase hops, and together they are come to a sixth of the loops. rerun it gasweek … bug, and i want to hear about it. a girl in berlin with three scripts and a public node, and none of it is financial advice. the scripts are gasweek , stablepeg and …

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