According to the blockchain analysis company CryptoQuant, short-term investors are waiting for these levels to sell! Here are the details.

The blockchain analytics company CryptoQuant announced that short-term investors have not yet reached the necessary levels for a significant profit-taking wave in their Bitcoins.

CryptoQuant: The Potential for a Rise of Up to 25% in Bitcoin is Still on the Table

According to the company's analysis, the STH MVRV ratio is currently only at 1.15, which is well below the threshold of 1.35, where strong profit realizations are typically observed.

What is STH MVRV?

STH MVRV (Market Value to Realized Value) is an indicator used to measure the level of unrealized profits obtained by short-term investors. This ratio is obtained by dividing the market value of Bitcoin by the realized price( of the average purchase price of short-term investors ).

According to CryptoQuant's analysis:

• The price of STH reached over 100,000 dollars for the first time on July 11 and has now risen above 102,000 dollars.
• This historical milestone indicates that investors have entered at higher prices and have not yet transitioned to a strong profit area.
• The MVRV ratio at the level of 1.35 historically indicates an unrealized profit of 35%, and each time this threshold is exceeded, the market experiences short-term corrections.

Up to 25% Increase Potential

The current MVRV ratio of 1.15 indicates that there is still a rise potential of around 20% to 25% for Bitcoin compared to the historical threshold of 1.35. This could mean a new bull run window for investors.