TechFlow news, July 17 — A CryptoQuant analyst posted that the MVRV ratio for short-term holders (STH) is currently only 1.15, significantly below the 1.35 threshold typically triggering large-scale profit-taking. On July 11, the STH realized price broke the $100,000 mark for the first time and has now exceeded $102,000. Analysis shows that Bitcoin still has approximately 20%-25% upside potential before reaching the critical MVRV threshold, offering investors a bullish window. The MVRV metric measures unrealized profit levels by comparing market value to realized price.
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