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TechFlow news, August 25 — Glassnode stated that as Ethereum reached a new all-time high, its MVRV (Market Value to Realized Value) ratio has climbed to 2.15. This means investors are holding an average unrealized profit of approximately 2.15 times.
This level resembles market structures seen in March 2024 and December 2020, both of which preceded periods of heightened volatility and profit-taking activity.
Glassnode stated that as Ethereum reached a new all-time high, its MVRV (Market Value to Realized Value) ratio has climbed to 2.15, meaning investors on average hold approximately 2.15x unrealized gains. This level is similar to market structures observed in March 2024 and December 2020, both of which preceded periods of heightened volatility and profit-taking behavior.
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