On-Chain Metrics
Ethena USDe on-chain: Monitor market sentiment through the percentage of Short-Term Holder supply currently in profit. This metric identifies local tops when >85% are in profit and bottoms when <25% are in profit, providing crucial timing signals for market reversals.
Check the selected asset, units, and cohort before comparing readings. Compare the metric over consistent dates and use related measures to understand what contributes to a change.
Addresses and on-chain cohorts do not identify individual people. Network designs and available histories differ, so a threshold observed on one asset may not transfer to another.
Ethena USDe on-chain: Monitor market sentiment through the percentage of Short-Term Holder supply currently in profit. This metric identifies local tops when >85% are in profit and bottoms when <25% are in profit, providing crucial timing signals for market reversals.
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