MVRV Positive for BTC, ETH, XRP, ADA Triggers Santiment Short-Term Sell Warning

Woofun AI reports that Bitcoin (BTC), Ethereum (ETH), XRP, and Cardano (ADA) have simultaneously shifted into profit territory, prompting on-chain analytics firm Santiment to issue a warning regarding potential short-term selling pressure from profit-taking.

The 30-day Market Value to Realized Value (MVRV) metric for these assets has risen above the neutral 0% threshold, indicating that the average profit or loss for investors who purchased within the last month is now positive.

This shift signifies that typical short-term holders are currently sitting on unrealized gains, a structural change in holder economics over the past month.

This profitability surge coincided with a broader market recovery, notably seeing Bitcoin climb back to approximately $65,000 last week. Santiment attributed this rebound to a confluence of easing inflation data, renewed risk appetite among investors, and consistent inflows into spot Bitcoin ETFs, which collectively drove the price action.

However, a positive MVRV reading introduces a behavioral risk mechanism: the incentive to lock in profits. Short-term holders, who are often more sensitive to price movements, may begin selling once their positions are in the green, potentially tilting the supply-demand balance in favor of sellers if upward momentum begins to stall.

Woofun AI data shows that while no overheating signal has emerged yet—meaning the market is not at extreme levels of euphoria—the environment is no longer one where fear-driven buying offers easy entry points. The current sentiment reflects a shift away from panic buying toward a more cautious optimism, with upside momentum remaining intact but fragile.

The return to profit territory for these four major assets reflects a broader shift in sentiment after weeks of uncertainty, supported by institutional demand and a more favorable macroeconomic backdrop. For retail and institutional investors alike, the key question is whether the market can sustain its upward trajectory; if buying pressure continues, the profit-taking risk may remain contained, but if momentum fades, the cluster of profitable short-term positions could act as a significant headwind. Monitoring MVRV levels and broader market momentum closely is essential, as this marks a critical juncture where improved sentiment meets the tangible risk of profit-driven selling.