The post MVRV Gap Signals Strength in Ethereum Stakers, CryptoQuant Warns of Supply Shift appeared com. A short post from onchain research firm CryptoQuant on Friday got traders talking. “The MVRV Gap in Ethereum reveals the strength of staking holders,” the firm wrote, pointing to a widening split that, in their view, signals staking accounts are holding steady even as prices move higher. Put simply, MVRV compares market value to realized value to show whether holders are sitting on profits or losses. What CryptoQuant highlights is not the headline MVRV number for the whole market but the gap between staked ETH and the rest of the holders. That gap matters because staked ETH is effectively locked up and tends to belong to people or institutions with longer time horizons. When those accounts are comfortable holding through rallies, it can act like a built-in layer of support for price. The reaction in markets was predictable. Ethereum traded roughly around the $3,800 neighborhood on Friday, after a week of choppy but generally constructive moves. In that environment, a message that a chunk of supply is reluctant to sell feels reassuring to momentum traders and to portfolio managers weighing exposure. A New Lens on Ethereum Supply Dynamics There are two ways to think about CryptoQuant’s observation. Optimists point to the supply side: if a meaningful share of ETH is staked and not coming back to the market, any renewed demand will meet less resistance, and that can amplify price gains. Skeptics note a caveat: behavioral signals can change. If something big shifts sentiment, even long-term stakers can alter course, and that hidden support can disappear quickly. The shoutout to staking also folds into a broader story about how Ethereum’s economics have evolved since the merge. Yield from staking is one piece of the puzzle, but the more important effect is behavioral. Staking locks coins away and tends to attract.
