On January 26, Santiment, a cryptocurrency market analysis firm, shared insights on social media regarding investment opportunities in cryptocurrencies with negative MVRV indicators. According to BlockBeats, when the MVRV ratio of a cryptocurrency is negative, it indicates that most ordinary traders are experiencing losses, presenting a potential entry point for investors. The more negative the yield, the lower the current buying risk for investors.
The MVRV indicators for major cryptocurrencies are currently as follows: ChainLink at -9.5%, Cardano at -7.9%, Ethereum at -7.6%, XRP at -5.7%, and Bitcoin at -3.7%, all suggesting undervaluation.
MVRV, which stands for Market Value to Realized Value Ratio, is commonly used to assess whether the average investor holding a particular cryptocurrency is profiting or losing money, and whether the market valuation is high or low.
