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TON Investors Stay in Green with 54% Gains Despite Selloff

TON Investors Stay in Green with 54% Gains Despite Selloff

YellowYellow2025/02/15 22:00
By:Yellow

Recent analysis from Glassnode highlights that Toncoin investors continue to hold substantial unrealized profits despite recent bearish trends affecting the cryptocurrency's market price. The key indicator in focus is the "Realized Price," which represents the average cost basis for investors within the Toncoin network.

The current trading price of Toncoin remains above this Realized Price, signifying that investors collectively maintain a net unrealized profit. Conversely, a market price below this metric could suggest that losses dominate the market.

An accompanying chart from Glassnode illustrates the enduring presence of Toncoin's market price above the Realized Price over recent years. Despite this year’s downward corrections, investors have generally seen gains, reaffirming the Realized Price's historical role as a support level.

This stability suggests that during dips, especially in a bullish market environment, investors may increase their holdings at these levels.

Presently, the Realized Price is $2.43, markedly lower than the current spot price, an important point Glassnode notes, suggesting potential for increased buying pressure. Another relevant metric discussed is the Market Value to Realized Value (MVRV) Ratio, which measures the relationship between Toncoin's spot price and its Realized Price. According to recent data, the MVRV Ratio stands at approximately 1.54, showing that investors are averaging a 54% unrealized profit.

Despite the notable resilience of the market to recent downturns, some individuals have incurred losses, particularly those who made purchases at previous market peaks. Glassnode’s analysis, including the Realized Loss chart, reveals the extent of losses experienced during recent price declines.

As of the current update, Toncoin’s price is approximately $3.77, reflecting a nearly 3% increase in the past 24 hours.

Disclaimer: The information provided in this article is for educational purposes only and should not be considered financial or legal advice. Always conduct your own research or consult a professional when dealing with cryptocurrency assets.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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