By ItalianCannon Key Points Over 10.5 billion DOGE have been accumulated around $0.21, forming a dense whale cluster that acts as both support and potential resistance. On-chain metrics such as MVRV (~0.63), NVT (~93.4), and Stock-to-Flow (~110) collectively signal tightening supply and cautious optimism among investors. Derivatives data reveals 71.75% of active traders on Binance […]
Tag: NVT
By YDN Key Points: Whale activity appears to be driving accumulation, with large volumes being moved off exchange platforms. The Miners’ Position Index (MPI) plummeted over 44% within 24 hours, indicating miners are holding rather than selling. A sharp 29% increase in the NVT Ratio to 50.5 suggests price growth may be outpacing actual on-chain […]
By ItalianCannon Key Points: Previous market bottoms in 2015 and 2018 saw nearly half the supply underwater, contrasting sharply with today’s shallow loss distribution Short-term traders are actively selling, as shown by sustained taker sell dominance over the past three months The NVT Golden Cross has declined by 12.54%, signaling a temporary mismatch between network […]