Appreciate the response! The goal here is to strip away the noise.
• 3AC Bottom ($17.6k): Median MVRV = 0.998
• Recent Dip ($60k): Median MVRV = 1.008
The values are almost parity. If we adjust for lost or ultra-long-term coins, the $60k dip likely signals a much deeper reset (sub-1) than the raw data suggests.
Having a "Filtered Median MVRV" would improve our ability to gauge market bottoms by focusing on the relatively active cost basis. 🎯

From X
Disclaimer: The above content reflects only the author's opinion and does not represent any stance of CoinNX, nor does it constitute any investment advice related to CoinNX.



