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Chainlink’s 30-day MVRV ratio approaching the ‘danger zone’?

Chainlink’s 30-day MVRV ratio is hovering around 1.32, indicating that its short-term holders are currently - on average - around 32% in profit. This has been a contentious level in Chainlink’s recent history, as levels of 1.25 and above have often resulted in short-term corrections, as ‘new money’ feels more and more content with cashing out.

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