Santiment：DOGE and XRP's 365-day MVRV show that holders overall are in unrealized losses
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AT A GLANCE
Santiment stated that DOGE and XRP's 365-day MVRV are low, and holders overall are in unrealized losses, but this does not mean prices will necessarily rebound.
Article
Santiment：DOGE and XRP a strong MVRV opportunity signal, with holders generally in unrealized losses.
According to BlockBeats,October 21, Santiment stated that Dogecoin (DOGE）365-day MVRV metric is approximately 0.74, indicating that holders who bought over the past 1 years are on average in relatively deep unrealized losses;XRP's 365-day MVRV is approximately 0.92, likewise showing that holders as a whole are at a loss.
In contrast, Bitcoin (BTC), Ethereum (ETH) and Chainlink (LINK)'s 365-day MVRV is between 0.97 and 1.04, indicating that holders overall are close to break-even. Santiment noted that a lower MVRV may mean that selling pressure is nearing exhaustion, creating a historically relatively favorable, lower-risk potential opportunity range; a higher MVRV may indicate an increased risk of profit-taking. This metric can be used to observe market participants' profit-and-loss conditions and risk appetite, but does not mean prices will necessarily rebound.
Original link https://m.theblockbeats.info/flash/372889
Key points
01
October 21, BlockBeats reported that Santiment published views on the 365-day MVRV metric.
02
DOGE's 365-day MVRV is approximately 0.74, based on which Santiment stated that holders who bought over the past 1 years are on average in relatively deep unrealized losses.
03
XRP's 365-day MVRV is approximately 0.92, likewise showing that holders overall are at a loss.
04
BTC、ETH and LINK's 365-day MVRV is between 0.97 and 1.04, with holders overall close to break-even.
05
Santiment noted that a lower MVRV may mean that selling pressure is nearing exhaustion, while a higher MVRV may indicate an increased risk of profit-taking.
06
The report explicitly states that the MVRV metric does not mean prices will necessarily rebound.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
MVRV is used in this report to observe market participants' profit-and-loss conditions. A lower value means the relevant holders are more likely overall to be in unrealized losses, while a value close to 1 indicates that the overall position is closer to break-even. Santiment considers DOGE and XRP to show relatively stronger potential opportunity signals, but they are only observational indicators.
Why it matters to readers
These data show differences in unrealized profits and losses among holders of different assets and can be used to observe potential selling pressure and profit-taking risk, but cannot independently predict price direction.
Beginners can treat MVRV as a reference signal for market positioning, rather than a guarantee of buying opportunities or a price rebound.
Risks and unknowns
The current content is BlockBeats' restatement of Santiment's views.
The evidence does not provide 365-day MVRV's specific calculation methodology.
A lower MVRV only indicates a potential opportunity range and does not mean prices will necessarily rebound.
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365-day MVRV
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