#BTC & ETH Launchpool Yield Exceeds 3%# Cryptocurrency Analysis Company evaluated the latest status of Bitcoin, Ethereum, Solana, XRP, and SUI!

The cryptocurrency analysis company Santiment addressed the recent situation of Bitcoin and altcoins in its statement.
According to the latest analysis from cryptocurrency analysis company Santiment, various indicators and trends are drawing attention in the Bitcoin and altcoin markets.

The increasing use of the word "dip" on social media indicates that retail investors are looking for buying opportunities at the bottom. However, analyst Brian stated that markets generally move contrary to the crowd's expectations, so caution is advised.
The 30-day MVRV ratio of market value/realized value is 1.8%, while the 365-day MVRV is at 22%. This situation raises the risk that the market may be overheated. On the other hand, it has been observed that whale wallets holding between 10 and 10,000 Bitcoin have sold approximately 16,500 Bitcoin since July 15. Although these sales are not aggressive, they are not seen as a sign supporting a price increase.

On the Ethereum side, whales have been making purchases for the last three weeks. It is reported that whales holding more than 10,000 ETH have added approximately 0.5% of the total supply to their wallets. Meanwhile, Ethereum's 30-day MVRV is around 14%, while the long-term MVRV is about 36.5%. These high levels indicate that the market is in the "danger zone" and may enter a correction or cooling process.
Santiment analysts shared their assessments on various altcoins:

XRP: The 30-day MVRV is at a high level of 8.7% and the 365-day MVRV is at 45%, indicating that the risk is increasing for XRP.
Solana: A dominance of fear is observed in the Solana market with a low positive/negative comment ratio on social media.
SUI: Unlike other assets, the sentiment for SUI is quite high. The presence of seven positive comments for every negative comment indicates that an euphoric situation is occurring in the market.
In the stablecoin market, Tether (USDT) is experiencing significant activity in whale wallets. The percentage of total Tether supply held in wallets with a value of 5 million dollars or more has risen from below 50% to over 56.5% in the last five weeks. This situation may indicate to analysts that whales are preparing to inject more money into the market. Additionally, the total Tether supply increased by 6.5% in the last 10 days.
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