After the historic run to $1,400 in January 2018, Ethereum collapsed for a full year. By December 2018, ETH was trading below $100. Panic was absolute.
The Utility of MVRV Z-Score in Identifying Ethereum Market Extremes Market Value to Realized Value (MVRV) Z-score Ethereum Mvrv Z-score
The current price of ETH multiplied by the total supply in circulation. Realized Capitalization (Realized Value): After the historic run to $1,400 in January
To understand the MVRV Z-Score, it is important to break down the three elements that make up its formula: After the historic run to $1
The MVRV Z-Score can be interpreted as follows:
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