Ethereum's MVRV Ratio Set to Hit Historical Bottom, $1868 Key Support

BlockBeats News, May 27th, according to analyst @alicharts, Ethereum's MVRV (Market Value to Realized Value ratio) is currently approaching the 0.8 level. Historical data shows that this range represents a high-probability macro accumulation window.

His chart shows that the current Ethereum MVRV 0.8 line is located at $1868.

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Ethereum's MVRV Ratio Set to Hit Historical Bottom, $1868 Key Support

Anthropic's largest on-chain short position continues to increase, with a $70.5 million short position showing a floating profit of $1.41 million.

A certain whale closed a $190 million long position in Nvidia, incurring a loss of $2.45 million.

Yesterday, Nvidia contract trading volume on Trade.xyz exceeded $970 million, setting a new all-time high.

F2Pool co-founder Wang Chun bought 5,246 ETH in the past 2 days, worth approximately $10.78 million.