This historic
#Ethereum anomaly could spark huge
$ETH price rebound.
t has been tough two years for Ethereum (ETH), losing around 65% of its value since 2021âs all-time high, and some holders could have been feeling it harder these days, with âcapitulation signsâ amid six-month lows for ETH price, noted by analysts.
However, after the capitulation, there is usually a price rebound â at least, this is what most
#experts will agree upon on market cycle theories.
In that sense, analysts from the Santimentâs Sanbase PRO reported on September 14 another major capitulation signal in what they called a âhistoric anomalyâ observed in the Ethereum Network.
As reported, Ethereum hit over 1 million Daily Active
#Addresses (DAA) in a single day, which makes this the second all-time high for this metric in the networkâs 8-year history.