Toncoin Investors Report 54% Unrealized Profit Amid Price Decline
On-chain data reveals that Toncoin investors hold substantial unrealized profits despite recent price declines.
Key Insights on Toncoin
- Toncoin's spot price remains above its Realized Price, indicating net unrealized profit for holders.
- The current Realized Price stands at $2.43, significantly lower than the market price.
- This metric historically acts as a support level, often prompting bullish buying when prices dip.
- The Market Value to Realized Value (MVRV) ratio is approximately 1.54, reflecting an average unrealized profit of 54% for investors.
- Despite overall market resilience, some investors have realized losses due to recent price drops.
- As of now, Toncoin trades at around $3.77, marking a 3% increase in the last 24 hours.
