NewsBTC •
February 10, 2026 at 08:00 •
Analysis
On-chain data shows Ethereum dipped under a key Market Value to Realized Value (MVRV) pricing band during the latest price drawdown. Ethereum Fell Under The 0.80 MVRV Band Recently As explained by analyst Ali Martinez in an X post, Ethereum recently dropped below the 0.80 MVRV pricing band. The “MVRV Ratio” is a popular on-chain indicator that tracks the ratio between the ETH market cap and Realized Cap. Related Reading: Bitcoin Sentiment Worst Since 2022 Bear As Price Crash Continues The Realized Cap here refers to a capitalization model that calculates the asset’s total value by assuming that the value of each individual token is equal to the spot price at which it was last transacted on the blockchain. The last transfer of any token is likely to represent the last...
