During times of muted volatility, it is better to be in the trenches instead of figuring out if and what button you should be clicking.
Polygon ’s
in the past month is close to zero. The 365-day MVRV shows that investors who purchased this Layer 2 token are sitting at an average loss of 14%. This indicator is used to assess the average profit/loss of holders of a certain token and can be used as a buy/sell signal. The idea behind this metric is that if the average profit is too high, it can be a sell signal since panicking investors could sell to realize their gain.
on the dips. These investors’ activity saw an unusual spike after May 20 and is likely to continue.
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