Ethereum’s MVRV Gap: A Sign of Staked ETH Holders’ Strong Confidence

Analysis of Ethereum’s Market Value-Unrealized Profit (MVRV) gap reveals a significant divergence between staked and liquid ETH. This suggests strong conviction among stakers, potentially indicating network resilience amidst market volatility. 20% higher MVRV gains are observed for stakers compared to circulating ETH, according to CryptoQuant and Amberdata data, highlighting their confidence in withstanding market shifts.