Ethereum

<ul><li>Glassnode Alerts revealed earlier today that ETH’s MVRV has reached a new 11-month low.</li><li>Meanwhile, the altcoin’s non-zero addresses have reached a new all-time high over the past 24 hours.</li><li>At press time, ETH was trading at $1,724.82 after it saw a price decrease of more than 6%.</li></ul>The on-chain analysis platform, Glassnode Alerts, shared multiple new metrics for the <a href="https://coinedition.com/what-is-ethereums-next-key-support-after-15-weekly-loss/" rel="noopener noreferrer nofollow">altcoin leader, Ethereum (ETH)</a>, on Twitter today following the massive sell off in the <a href="https://coinedition.com/market/" rel="noopener noreferrer nofollow">crypto market</a> over the past 24 hours. According to the post, ETH’s MVRV (1d MA) has reached a new 11-month low of 0.645.<a href="https://coinedition.com/ethereums-mvrv-reaches-11-month-low-amidst-market-sell-off/" rel="noopener noreferrer nofollow">See the Original On CoinEdition</a>

Ethereum’s MVRV Reaches 11-Month Low Amidst Market Sell-Off

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