By Bitcoinist - 8 masina talu ai - Taimi Faitau: 3 minute
Bitcoin Ua toe maua e le aufaioloa tinoitupe tupe mama a'o si'itia le BCH i le 15%
On-chain data shows both the short-term and long-term Bitcoin Cash holders have entered into profits following the 13% rally.
Bitcoin Cash Traders Return To Profits As Whales Ramp Up Activity
E tusa ai ma faʻamatalaga mai le on-chain analytics firm Santliness, Bitcoin Cash traders who bought within the past 30 days, as well as those who did so in the last 365 days, are in profits after the latest surge in the cryptocurrency.
O le faʻailoga talafeagai iinei o le "Market Value to Realized Value (MVRV) ratio,” lea e fua ai le fua faatatau i le va o le Bitcoin market cap and the realized cap. The realized cap refers to a capitalization model for BTC that considers the acquisition or buying price of any coin in the circulating supply as its true value, rather than the spot price.
O lenei fa'ata'ita'iga e ta'u mai ai ia i tatou le aofa'i o tupe faavae na fa'aogaina e le aufaipisinisi e fa'atau ai a latou tupe. O le mea lea, e ala i le MVRV ratio, e mafai ona iloa pe o loʻo maua uma e le aufaipisinisi tupe mama pe gau i le taimi nei.
A itiiti ifo le tau o le faailo i le 1, o lona uiga o le maketi maketi e itiiti ifo nai lo le faʻamau, ma o le mea lea, o le maketi atoa o loʻo nofo i luga o se aofaiga o tupe leiloa i le taimi nei. I le isi itu, o le fua faatatau e sili atu nai lo le faailoga e taʻu mai ai le i ai o tupe mama e leʻi faʻamaonia.
I le tulaga o le talanoaga o loʻo i ai nei, o le MVRV lava ia e le o se mea e fiafia i ai, ae e lua ituaiga faʻaleleia. O lona uiga, o le 365-aso ma le 30-aso taimi fa'asologa.
These metrics track the MVRV ratio’s value specifically for the investors who bought within the past year and past month, respectively. Now, below is a chart that shows the trend in these indicators for Bitcoin Cash over the past few months:
Here, the MVRV ratio’s value is shown as a percentage, with the 0% mark corresponding to the break-even 1 level. From the graph, it’s visible that the Bitcoin Cash MVRV ratio had been negative for both of these groups just recently, suggesting that the traders across the market had been carrying losses.
Faatasi ai ma le talafou o Manumalo Grayscale in its lawsuit against the US SEC, Bitcoin Cash and the cryptocurrency sector as a whole has observed a sharp rally. BCH, however, has managed to outperform most of the top assets with its 15% gains.
Faʻafetai i nei tupe maua, o le au faioloa BCH na faʻatau i le masina talu ai, faʻapea foʻi ma i latou na oʻo mai i le tausaga talu ai, ua toe maua mai i tupe mama i le averesi. O le taimi muamua lea i le sefulu vaiaso ua tupu ai lenei mea.
Generally, the more the traders get into profits, the more likely they become to sell and cause impedance to the rally. Currently, the Bitcoin Cash investors are only slightly in gains, so the risk of profit-taking causing a top may not be too high, and so, the rally can potentially go on for a while yet.
Santiment notes, however, that the key to a further increase in the cryptocurrency could be the faga. In the chart, the analytics firm has attached the data for the daily number of transactions that these humongous holders are making. From this metric, it’s apparent that these investors have become active recently.
O lenei toe faʻaleleia o latou gaioiga e le o se mea taua tele, e ui i lea, o loʻo tumau pea le vaʻaia pe o le a faʻaauau pea le malosi o tafola i se taimi lata mai ma faʻatautaia le faʻatasiga i luma.
BCH tau
Following the strong growth, Bitcoin Cash is now trading around the $219 level.
Punavai autu: Bitcoino