CryptoQuant analysts posted that the MVRV ratio of short-term holders (STH) is currently only 1.15, well below the 1.35 threshold that usually triggers large-scale profit taking. On July 11, the price of STH broke through the $100,000 mark for the first time and has now exceeded $102,000.
The analysis shows that the bitcoin price still has about 20-25 per cent upside potential before reaching the key MVRV threshold, which measures the level of unrealised profits by comparing market cap to realised price, providing a bullish window for investors.
Analysts: Short-term holders MVRV shows bitcoin still has room to rise
2025-07-17 07:07:53
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