Cointelegraph Consulting: A Storm Is Brewing for Ethereum
Cointelegraph
Published Aug 22, 2020 10:00AM ET
Updated Aug 23, 2020 12:20PM ET
The latest findings in Cointelegraph Consulting’s biweekly newsletter suggest that Ether won’t sustain its rally.
The 365-day market-value-to-realized-value ratio of Ethereum’s native Ether (ETH) token is currently at a two-year high of 1.88. This indicates that Ether’s long-term holders are presently up 88% on their initial investment, on average. This is the highest average profit for Ether’s long-term holders since February 2018, and there’s a rising incentive to sell and take profits.
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Written By: Cointelegraph
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