IntoTheBlock: Ethereum MVRV ratio drops to 0.9, historically a good get on board point

Golden Finance reported that, according to IntoTheBlock data, the MVRV (Market Cap to Realized Value ratio) of Ethereum (ETH) is currently about 0.9. This level is not common in Ethereum’s history and usually occurs during Bear Markets. Historically, when the MVRV ratio is below 1, it often coincides with a good entry point for Ethereum.

ETH0.24%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
Yemets13vip
· 03-18 09:17
good morning the all good luck today
Reply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)