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Analysis: Active wallets have lost money on BTC, ETH and most counterfeit products in the past 30 days

Average trading returns are a good indicator of whether "buying low" or "selling high" is really the right time, Santiment said in a post on X. Currently, wallets active in the past 30 days are in the negative range for BTC, ETH, ADA and DOGE, as well as the vast majority of counterfeit products. When MVRV is negative, it means buying or increasing a position, while others are already losing money. Historically, these "blood in the streets" moments are professional...

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2025-01-09 13:55:32