On May 15, CryptoQuant analyst Axel posted on social media that the current market value to Realized Value (MVRV) indicator for Bitcoin short-term holders (STH) is 1.09. The first wave of significant selling pressure is expected to appear around 1.25 (target price Technologies $118,000), and stronger selling pressure may appear at 1.35 (Technologies $128,000). According to the current average daily growth rate, STHMVRV may reach 1.25 in early June and 1.35 at the end of the month.
According to Lookonchain monitoring, whales who had previously made $11.80 million in TRUMP transactions increased their holdings of 369,000 TRUMP tokens at a price of $46.77 each after the TRUMP price correction, with a total investment amount of 17.26 million USDC.