The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
This summary text is fully AI-generated and may therefore contain errors or be incomplete.
Ethereum (ETH) may be ‘insanely undervalued’ at its current price, according to crypto trader Coinvo. On-chain metrics suggest accumulation addresses are stacking ETH, signaling potential bullish momentum ahead.
- Ethereum's MVRV Z-score signals a potential market bottom, historically preceding trend reversals.
- ETH accumulation addresses are seeing record inflows, indicating strong long-term holding sentiment.
- Exchange reserves for ETH are at multi-year lows, reducing selling pressure and tightening supply.
📎 Read the original article on newsbtc.com