Nomics is currently reporting $303 for ETH. This seems quite high, considering that it trades for $246 on Gemini.
I understand that Nomics uses data from many exchanges to get its value. I assume it’s a weighted average based on volume… but especially if non USD markets are used to get to this price, small variance in prices on specific exchanges can cause a pretty large difference.
The difference between what most popular exchanges sell ETH for today and what nomics reports seems so high, I feel like might need to start gathering price information differently, because it’s throwing my statistics off.
This is not really a complaint. It’s mostly an observation. I’m curious if anyone has any thoughts about this