The short-term holder (STH) MVRV ratio for Bitcoin has dropped to 0.82, a level that historically signals market stress and potential capitulation. This metric, which compares the current market value of Bitcoin to the average cost basis of coins held by short-term holders, indicates that recent buyers are underwater by about 18% on average. Such a low MVRV ratio has previously been seen at market cycle lows, like 0.84 in August 2024 and 0.77 in November 2022, both of which preceded market bottoms and trend reversals. Since February, long-term holders have increased their holdings by approximately 500,000 BTC, while short-term holders have sold off over 300,000 BTC. This shift suggests that long-term investors are accumulating more Bitcoin than short-term holders are selling, potentially signaling a market bottom.
Fred Krueger
@dotkrueger
·
Feb 15 I am a small MSTR shareholder. BUT.
At a current price of BTC of 97,600,
and MSTR at 337
and 289.44 MM shares outstanding fully diluted.
The mNav is 2.1.
At a Bitcoin yield of 15% (Guidance), it will take over 5 years to “grow into the mNav”. And this does not take into account
NOCAP ARMY NOCAP.icu
@NOCAPmeme
·
Apr 13 Bitcoin has reclaimed the $86,000 level after a 2.65% gain in 24 hours, indicating bullish momentum. Analyst Burak Kesmeci notes that the STH MVRV ratio is nearing profit territory, suggesting a potential market recovery. Key resistance remains at $88,00…
Maya
@Mayacrypt
·
Apr 14 3/
Another major metric: MVRV Ratio = 0.76
> $ETH is trading at a 24% discount to its average holder’s cost basis. Historically, this is a strong accumulation zone.
But here’s the issue…no one’s buying.
glassnode
@glassnode
·
Apr 10 The MVRV ratio shows #Bitcoin investors have held consistently larger unrealized profits than #Ethereum holders since Jan 2023. $ETH MVRV fell below 1.0 in March his year, suggesting an average investor is now underwater.
RisenFit
@risenfit
·
3h #BITCOIN STH MVRV at 0.82 suggests short-term holders are sitting on average unrealized losses of 18%, near historical bottoming zones. $BTDR $HUT $RIOT $CORZ $SPY $IWM $QQQ $IREN $NVDA $COIN $MSTR $AMZN $TSLA $WULF $BTBT $BITF $CIFR $IBIT $BITO $DIA $CLSK $AVGO $META $ORCL $CRM
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