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TechFlow reported on March 18 that according to IntoTheBlock data, Ethereum's (ETH) MVRV (Market Value to Realized Value ratio) is currently around 0.9. This level is uncommon in Ethereum's history and typically occurs during bear markets. Historically, an MVRV ratio below 1 often coincides with favorable entry points for Ethereum.
According to IntoTheBlock data, Ethereum's (ETH) MVRV (Market Value to Realized Value ratio) is currently around 0.9. This level is uncommon in Ethereum's history and typically occurs during bear markets. Historically, MVRV ratios below 1 have often coincided with favorable entry points for Ethereum.
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