Rewards Hub Ethereum's MVRV Z-Score, a key metric for assessing market valuation, currently stands at 0.29, approaching the historically favorable accumulation zone below 0. Since 2016, periods when the MVRV Z-Score has dipped below zero have been considered optimal for accumulating Ethereum ($ETH). This metric suggests that Ethereum may be nearing a potential buying opportunity for investors.
Ethereum MVRV Z-Score Nears Accumulation Zone at 0.29
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