As reported by CaptainAltcoin, Santiment’s latest on-chain analysis reveals that despite a recent price rebound, most short-term holders of major cryptocurrencies are still in the red. Cardano (ADA) leads with an average return of -19.2%, labeled as 'extreme undervaluation,' while XRP shows a -4.7% loss. Ethereum (ETH) and Bitcoin (BTC) also remain in the 'mild undervaluation' zone with losses of around -6%. The MVRV chart highlights that most wallets active in the past 30 days have not yet returned to breakeven, contributing to ongoing bearish sentiment on platforms like Reddit and Crypto Twitter.
Santiment Report: ADA and XRP Still in Negative Returns for 30-Day Holders
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