Source: TheMerkle.com
On Glassnode’s Profitability Map, $MORPHO is making waves with a profitability score of 1.42, yet profit-taking remains subdued at just 0.34.
This indicates that while investors are sitting on substantial unrealized gains, they’ve been hesitant to lock in profits, likely waiting for further price appreciation.
MVRV Insights: A Snapshot of Investor Behavior
The MVRV (Market Value to Realized Value) ratio by age bands provides deeper insights into $MORPHO’s profitability. The
Read More https://themerkle.com/morpho-heats-up-high-unrealized-profits-amid-growing-demand/
The post "$MORPHO Heats Up: High Unrealized Profits Amid Growing Demand " appeared first here TheMerkle.com.
Source: TheMerkle.com
