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Glassnode: Investors Hold Over 2.15x Unrealized Gains on Average After Ethereum Hits New High

Summary: According to reports, Glassnode posted on social media that with Ethereum reaching a new all-time high, its MVRV ratio has climbed to 2.15. This means that on average, investors currently hold over 2.15 times unrealized gains. This level is similar to market conditions in March 2024 and December 2020 - both periods were followed by ...

According to reports, Glassnode posted on social media that with Ethereum reaching a new all-time high, its MVRV ratio has climbed to 2.15. This means that on average, investors currently hold over 2.15 times unrealized gains. This level is similar to market conditions in March 2024 and December 2020 - both periods were followed by increased volatility and intensified profit-taking phases.

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Link: Glassnode: Investors Hold Over 2.15x Unrealized Gains on Average After Ethereum Hits New High [Copy]

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