Coinbase CEO Highlights Retail Resilience Amid Ethereum Dip

[nihalsari]

Bitcoin and Ethereum Price Performance. Source: TradingView

Ethereum dropped 6.6% in the last 24 hours, trading around $1,947, as macroeconomic pressures continue to weigh on the crypto market. Despite the volatility, Brian Armstrong is pointing to a surprising source of optimism: retail investors.

Armstrong noted that Coinbase’s retail users are “buying the dip,” showing net increases in BTC and ETH holdings. Many users maintain or even grow their balances, exemplifying the “diamond hands” phenomenon. According to Armstrong, retail investors’ native unit balances in February were equal to or greater than their December levels, signaling conviction rather than panic.

This retail accumulation trend may help cushion markets and support longer-term adoption, even amid choppy conditions.