On-chain data shows the Ethereum Market Value to Realized Value (MVRV) ratio has entered inside a danger zone that has historically led to tops. Ethereum MVRV Ratio Has Surged Into The Danger Zone Recently In its latest insight post, the on-chain analytics firm Santiment has talked about some underlying metrics related to ETH. First, the…
Ethereum has plunged below $1.3k today, but the decline may not be over quite just yet as on-chain data shows selling pressure continues to rise in the market. Ethereum Exchange Inflows Have Continued To Go Up During The Past Day As pointed out by an analyst in a CryptoQuant post, the ETH derivative and spot…
Data shows around 300k in ETHUSD long positions have been closed on the Bitfinex Ethereum futures market, something that could provide impedance to the latest rally. Ethereum Long Positions Have Dropped By More Than 300k During The Last Few Days On Bitfinex As pointed out by an analyst in a CryptoQuant post, the past data…