Mars Finance News, on August 25, Glassnode posted on social media that as Ethereum reached a historical high, its MVRV ratio has climbed to 2.15. This means that, on average, investors are currently holding more than 2.15 times unrealized gains. This level is similar to the market conditions in March 2024 and December 2020—both periods were followed by increased volatility and intensified profit-taking.
Glassnode: Investors Hold More Than 2.15 Times Unrealized Gains After Ethereum's New High
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
ETH
4,415.84
-4.10%
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Relevant Creator
@MarsBit_News
