MVRV Spike Hints Bitcoin Market Could Be Heating Up
The post MVRV Spike Hints Bitcoin Market Could Be Heating Up appeared on BitcoinEthereumNews.com. Bitcoin’s MVRV ratio jumped 21.84% in 21 days, showing a shift in market sentiment and growing unrealized gains. Institutions and whales continue accumulating BTC, signaling strong confidence despite broader market uncertainty. The average Bitcoin holder is smiling broadly right now. In just 21 days, they saw their unrealized gains jump to 21.84%. That’s not the result of idle speculation, but rather an on-chain metric called MVRV (Market Value to Realized Value). On-chain analyst Carmelo Aleman says MVRV is one of the most accurate ways to gauge market sentiment directly from the blockchain. By comparing the current market price to the average price at which Bitcoin was last exchanged on the network, we can tell whether people are sitting on profits or are starting to bite their nails. Rising MVRV Hints at Building Bullish Pressure for Bitcoin Since April 8, 2025, Bitcoin’s MVRV has risen from 1.74 to 2.1199 as of April 29. Just imagine if you had bought Bitcoin at the average network price a while ago, you could be making a pretty penny right now without having to sell it yet. But don’t jump to conclusions too quickly. Aleman points out that historically, MVRV values between 3.5 and 4 have often marked market tops. So while the current figure is still below that, the rate of increase is starting to create bullish pressure that could heat up the market at any time. Source: CryptoQuant Institutions Stay Confident as Realized Cap and BTC Holdings Surge Interestingly, this isn’t the only sign that the market is alive. CNF also previously reported that Bitcoin’s realized capitalization hit an all-time high. This reflects that confidence—from both institutions and retail investors—is at an all-time high. Even options volumes are up, which means traders are starting to prepare for potential near-term volatility. On the other…
The post MVRV Spike Hints Bitcoin Market Could Be Heating Up appeared on BitcoinEthereumNews.com.
Bitcoin’s MVRV ratio jumped 21.84% in 21 days, showing a shift in market sentiment and growing unrealized gains. Institutions and whales continue accumulating BTC, signaling strong confidence despite broader market uncertainty. The average Bitcoin holder is smiling broadly right now. In just 21 days, they saw their unrealized gains jump to 21.84%. That’s not the result of idle speculation, but rather an on-chain metric called MVRV (Market Value to Realized Value). On-chain analyst Carmelo Aleman says MVRV is one of the most accurate ways to gauge market sentiment directly from the blockchain. By comparing the current market price to the average price at which Bitcoin was last exchanged on the network, we can tell whether people are sitting on profits or are starting to bite their nails. Rising MVRV Hints at Building Bullish Pressure for Bitcoin Since April 8, 2025, Bitcoin’s MVRV has risen from 1.74 to 2.1199 as of April 29. Just imagine if you had bought Bitcoin at the average network price a while ago, you could be making a pretty penny right now without having to sell it yet. But don’t jump to conclusions too quickly. Aleman points out that historically, MVRV values between 3.5 and 4 have often marked market tops. So while the current figure is still below that, the rate of increase is starting to create bullish pressure that could heat up the market at any time. Source: CryptoQuant Institutions Stay Confident as Realized Cap and BTC Holdings Surge Interestingly, this isn’t the only sign that the market is alive. CNF also previously reported that Bitcoin’s realized capitalization hit an all-time high. This reflects that confidence—from both institutions and retail investors—is at an all-time high. Even options volumes are up, which means traders are starting to prepare for potential near-term volatility. On the other…
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