Okay, crypto fam, buckle up! Ali Martinez, a seriously sharp analyst, just dropped a bomb: Ethereum’s adjusted dormant flow metric has dipped below 1 million. And let me tell you, this isn’t just some random number. Historically, when this happens, it’s a pretty big freaking deal.
We’re talking potential macro bottom territory here. Seriously, people! What does this mean? It suggests Ethereum might be seriously undervalued right now. Think about it – fewer long-term holders are willing to sell. They believe in the long game.
Let’s break down what ‘adjusted dormant flow’ even is. It’s a fascinating metric that tracks the age of ETH being moved on the blockchain. Essentially, it measures the amount of ETH that’s been held for a significant period – we’re talking years – and is now being transacted.
A low dormant flow suggests older coins aren’t moving. Why? Because people who bought ETH when prices were lower are holding tight, and some are reluctant to cash out even after the recent craziness.
This is huge because it reflects investor conviction. When seasoned HODLers aren’t selling, it’s a strong signal that they anticipate future growth. It demonstrates a solid belief in Ethereum’s inherent value.
Think of it like this: if everyone who’d been holding onto something for ages started selling all at once, it would crash the market. But this metric is telling us the opposite is happening. This isn’t financial advice, but…just saying, keep your eyes peeled! Seriously, this could be an incredible buying opportunity and frankly, I’m getting bullish.