Hello friends, Thanks to the collaboration between TradingView and IntoTheBlock, you can access this data for free on TradingView with the code "BTC_MVRV." Today, we will dive deep into MVRV, the primary data I use for trend tracking in Bitcoin. What is MVRV? MVRV is calculated by comparing two main metrics: market value and realized value. Market value is...
AVAX 1W MVRV and Price Analysis Hi folks, Let's take a look at some on-chain data. What is MVRV (Market Value to Realized Value)? MVRV is an on-chain indicator used to analyze the valuation of cryptocurrencies. It is a simple but powerful tool that shows investors how overvalued or undervalued a cryptocurrency is at the moment. Simply 👇🏻 MVRV is below...
... This is a complementary study of this idea: 🧑Cruisers: addresses holding for over a month but under a year. These are mid-term or so-called swing traders. 📈The correlation is positive most of the time with the price of Bitcoin. 🐢However, when looking closely at this indicator, we can see that it has a strong characteristic of a lag indicator (a delayed...
IntoTheBlock labels the large transactions those where an amount greater than $100,000 USD was transferred. In this case, the Number of Large Transactions indicator aggregates the total number of transactions that had a value greater than $100,000. The number of large transactions is a relevant metric tracking the count of transactions greater than...