Bitcoin2026-06-30 08:01:15Bitcoin Long-Term Holders MVRV Drops to 3-Year Low While Holdings Hit All-Time High: Divergent Signals Near Market BottomCryptoQuant analyst Axel Adler Jr. reports that the Bitcoin long-term holder MVRV ratio has compressed to 1.24, the lowest in nearly three years. The cost basis has risen to $48,400, with BTC price at $59,000, leaving only 24% average profit and a 19% gap. Despite shrinking margins, long-term holder holdings reached a record 16.1 million BTC, while sell-side metrics remain low, indicating holders are absorbing supply rather than selling. Historically, MVRV near 1 signals cycle bottoms, but the current level has not entered the 'green capitulation zone'. Key downside risk is a breakdown below $48,400 accompanied by a surge in selling, which could trigger a capitulation event among the most steadfast holders.1890
Bitcoin2026-06-27 19:27:4450K BTC Moved at a Loss as Short-Term Holder Stress Hits 2-Year High: Bitcoin Faces Capitulation Risk近5万枚比特币以亏损状态转移至交易所，短期持有者的财务压力升至两年来最高水平。市场担忧若抛售持续，BTC可能进一步下探新低。数据表明,投资者行为正从持仓转向减仓，链上信号趋于看空。1350
