Ethereum Holder Retention Rebounds From a 4-Year Low

Ethereum's price is currently trading sideways, pressured by a sharp decline in new network participants, which dropped new daily addresses by nearly 36% recently, pushing network growth to a two-month low. This slowdown suggests hesitation among retail investors. However, a key metric, the Holder Retention Rate, which tracks how many addresses keep their ETH over 30 days, shows a positive divergence. After hitting a 4.5-year low of 92.4% (the weakest since September 2021), this rate has begun to modestly improve, suggesting that existing holders are becoming more committed. At the time of writing, ETH trades around $1,904, holding above $1,816 support, with the Chaikin Money Flow indicator turning positive, signaling improving capital inflows. If inflows continue, ETH could target $2,165, but a drop below $1,816 would risk a slide toward $1,600.

(Source：BeInCrypto)