#Ethereum Price Forecast: Declining active addresses weigh on ETH as open interest climbs to record high
Active addresses on Ethereum have dropped by over 50% since February, reflecting a rapid decline in onchain usage.
ETH ETFs have recorded 12 consecutive days of net outflows, their longest streak since March 2025.
Ethereum open interest hit a record high above 16.1 million ETH amid prices plunging below $2,000.
#ETH could find support at $1,909.