š Long-term BTC holdersā headlines show an important structural difference in this cycle.
The MVRV of long-term holders (LTH) remained above 1 throughout the entire cycle, meaning this group never fell into an overall unrealized loss position.
In previous bear marketsāat least since 2015āthe LTH MVRV dropped below 1 at the cycle lows, leaving these investors at a loss. This time, the indicator bottomed out above 1 and is now rising again. š
š This could indicate a fundamentally stronger market structure compared to previous cycles.
#BinanceSquareFamily #BinanceSquareTalks #BTC
ā ļø educational content: cryptocurrencies are highly volatile
The MVRV of long-term holders (LTH) remained above 1 throughout the entire cycle, meaning this group never fell into an overall unrealized loss position.
In previous bear marketsāat least since 2015āthe LTH MVRV dropped below 1 at the cycle lows, leaving these investors at a loss. This time, the indicator bottomed out above 1 and is now rising again. š
š This could indicate a fundamentally stronger market structure compared to previous cycles.
#BinanceSquareFamily #BinanceSquareTalks #BTC
ā ļø educational content: cryptocurrencies are highly volatile
