MVRV Spike Hints Bitcoin Market Could Be Heating Up

By: crypto news flash|2025/05/02 10:15:01
0
Share
copy
Bitcoin’s MVRV ratio jumped 21.84% in 21 days, showing a shift in market sentiment and growing unrealized gains. Institutions and whales continue accumulating BTC, signaling strong confidence despite broader market uncertainty. The average Bitcoin holder is smiling broadly right now. In just 21 days, they saw their unrealized gains jump to 21.84%. That’s not the result of idle speculation, but rather an on-chain metric called MVRV (Market Value to Realized Value). On-chain analyst Carmelo Aleman says MVRV is one of the most accurate ways to gauge market sentiment directly from the blockchain. By comparing the current market price to the average price at which Bitcoin was last exchanged on the network, we can tell whether people are sitting on profits or are starting to bite their nails. Rising MVRV Hints at Building Bullish Pressure for Bitcoin Since April 8, 2025, Bitcoin’s MVRV has risen from 1.74 to 2.1199 as of April 29. Just imagine if you had bought Bitcoin at the average network price a while ago, you could be making a pretty penny right now without having to sell it yet. But don’t jump to conclusions too quickly. Aleman points out that historically, MVRV values ​​between 3.5 and 4 have often marked market tops. So while the current figure is still below that, the rate of increase is starting to create bullish pressure that could heat up the market at any time. Institutions Stay Confident as Realized Cap and BTC Holdings Surge Interestingly, this isn’t the only sign that the market is alive. CNF also previously reported that Bitcoin’s realized capitalization hit an all-time high. This reflects that confidence—from both institutions and retail investors—is at an all-time high. Even options volumes are up, which means traders are starting to prepare for potential near-term volatility. On the other hand, Strategy (formerly MicroStrategy) is not deterred despite just posting its fifth consecutive quarterly loss of $4.22 billion. The reason? The decline in the fair value of their Bitcoin stack. But instead of backing down, they are getting more aggressive. As of the end of April, Strategy held 553,555 BTC worth $37.9 billion, and has even announced its intention to offer $21 billion worth of shares to buy more Bitcoin. Crazy, right? Furthermore, the US government has also taken part by creating a Bitcoin reserve from digital assets seized since March. While it may not immediately cause the price to jump, many analysts believe that this could be a trigger for institutional adoption in the long term. Several states such as Texas and Florida have even begun considering creating their own crypto reserves. If this actually happens, the US could become the world’s largest Bitcoin holder—and that’s no small claim. Not only that, in the past few weeks, Bitcoin has begun to show more stable performance compared to US stocks and the dollar. This occurs amid market turmoil due to President Trump’s trade policies that have made many investors hesitant. Some observers are starting to look at Bitcoin as a hedge, a kind of “digital gold.” But don’t immediately label it as a safe haven either— BTC’s volatility is still too wild to be equated with precious metals. And, oh yeah—earlier this month, whales were recorded to have accumulated 47,000 BTC at once in a single day. Meanwhile, as of press time, BTC is swapped hands at about $96,612.49 , up 1.58% over the last 24 hours and 3.05% over the last 7 days. Buy Bitcoin Guide Bitcoin Wallet Tutorial Check 24-hour Bitcoin Price More Bitcoin News What is Bitcoin?

-- Price

--

You may also like

Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog

WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.

How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?

The competition logic of exchanges has changed.

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.

Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited

As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.

WEEX Launches Depth Chart for Spot Trading

WEEX Spot now supports Depth Chart, helping users visualize buy and sell orders, spot liquidity walls, and understand market depth more clearly before placing trades.

MiCA reshuffle begins, Binance temporarily bids farewell to the EU

What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com