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IntoTheBlock: Ethereum MVRV ratio drops to 0.9, historically a good get on board point
Golden Finance reported that, according to IntoTheBlock data, the MVRV (Market Cap to Realized Value ratio) of Ethereum (ETH) is currently about 0.9. This level is not common in Ethereum’s history and usually occurs during Bear Markets. Historically, when the MVRV ratio is below 1, it often coincides with a good entry point for Ethereum.