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.

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