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The MVRV index of ETH has dropped to 0.87, a new low since December 2022
Bitget2025/04/07 10:44
Golden Finance reports, according to data from the on-chain data analysis platform IntoTheBlock, Ethereum's Market Value to Realized Value ratio (MVRV) has dropped to 0.87, the lowest level since December 2022. MVRV is an important indicator of market sentiment for crypto assets, and the current value may indicate that ETH is in a relatively undervalued range.
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