terrifying
@terrifying
Short-term holders' MVRV ratio is just 1.15, way below the 1.35 threshold for big sell-offs. On July 11, their realized price hit $100K, now over $102K. Bitcoin could still rise 20%-25% before hitting key MVRV levels. This leaves a bullish window for investors. MVRV tracks unrealized profits by comparing market cap to realized price.
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