Ethereum Mining Hashrate in 2020 – Еvery GPU tested / 5700XT/2080Ti/2070 etc. - YouTube
According to those 2 charts there is a clear correlation between price and Flux network hashrate. Now put into the equation the GPU miners transitioning to other POW coins after the Ethereum-merge
Ethereum Miners Can Now Use 70% Of Nvidia RTX 30 GPU Hashrate, Thanks To This NBMiner Update | Bitcoinist.com
BTC hashrate ATH, the ETH Merge, and GPU mining being reshaped | f2pool