The MVRV indicator for ETH has dropped to 0.87, the lowest level since December 2022
2025-04-07 08:31:52
According to data from on-chain data analytics platform IntoTheBlock, Ethereum's market cap-to-realized value ratio (MVRV) has fallen to 0.87, the lowest level since December 2022. MVRV is an important indicator of crypto asset market sentiment, and the current value may indicate that ETH is in a relatively undervalued range.
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