Ethereum retests the $4,300 zone for the third time, backed by $8B of August demand and 24.3M ETH in accumulation wallets. This surge in net demand and reduced circulating supply strengthens support and increases the likelihood of sustained upside if whale buying continues.
Ethereum retests $4,300 zone with $8B August inflows, signaling stronger buyer conviction.
Accumulation wallets now hold 24.3M ETH, reducing active circulation and tightening supply.
ETH rose roughly 3.5x over four months while holding above $4,000, driven by concentrated whale buying.
Ethereum retest $4,300: $8B August demand and 24.3M ETH accumulation suggest stronger support — read concise analysis and next steps.
What is driving Ethereum’s retest of the $4,300 zone?
Ethereum is retesting the $4,300 zone as record August net demand (~1.5M ETH, ~$8B) and rising accumulation addresses (24.3M ETH) outpaced issuance, creating tighter effective supply and stronger price support in the short to medium term.
How strong is the current demand versus historical tests?
August 2025 saw roughly 1.5 million ETH purchased, worth about $8 billion, a level of demand not seen in previous $4,300 touches. Historical tests in 2021 led to exhaustion; this retest differs because accumulation addresses steadily increase holdings, according to CryptoQuant. Market-cap and volume data from Coingecko show active liquidity around the current price band.
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Ethereum retests the $4,300 zone for the third time with $8B in August demand and 24.3M ETH accumulation supporting long-term strength.
Ethereum has returned to a rare trading zone that it has tested only three times in history. In 2021, this level marked exhaustion and price retracement. This time, Ethereum enters the range with record demand, as over 1.5 million ETH, worth $8 billion, were purchased in August alone.
The $4,300 to $4,400 band is a structural pivot. Current trading places Ethereum around $4,464 with a daily range near $4,340–$4,491. Market-cap and 24-hour volume data from Coingecko indicate deep liquidity, while accumulation metrics highlight lower free float. When demand outpaces issuance, the retest becomes a confirmation candidate rather than an exhaustion signal.
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Source: https://en.coinotag.com/ethereum-retests-4300-zone-for-third-time-as-8b-august-demand-and-24-3m-eth-accumulation-may-signal-long-term-support/