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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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On-Chain Activity

1h ago

US Stock Market Surges, Attracting Capital into the Chainlink Ecosystem: HIP-3 Holdings Reach All-Time High, with Trade.xyz Accounting for 94.2%

1h ago

The leading air force "pension-usdt.eth" closed its short position for the first time in two months, with the account still holding a net unrealized loss of $7 million.

2h ago

A whale set a stop-loss order for a $1.2 million loss on their ZEC long position, and later went long on 263,000 HYPE with 10x leverage.

2h ago

A whale went long on 1.31 billion PEPE tokens with 10x leverage, worth approximately $4.62 million.

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