Stretched valuation, coins leaving exchanges
Entered 2025-05-08 · exited 2025-06-02
Drivers, at the time
- MVRV2.2908 · 76th pct
- Net exchange flow (30d)-57,012.8625
- Exchange reserve Δ (90d)-28,918.6787
- Realized volatility (30d)0.5023 · 34th pct
What the panel said at the time
Pre-snapshot: computed. This period entered before the daily Read snapshot began (2026-09-21) - the drivers above are the classifier's own recorded values for that day, computed after the fact from this same regime_transitions row, not a stored point-in-time Read.
What followed
| Horizon | BTC price change |
|---|---|
| 30d | +2.5% |
| 90d | +11.6% |
| 180d | -1.7% |
Description of the past, not a forecast.