Stretched valuation, coins leaving exchanges
Entered 2021-08-20 · exited 2021-08-27
Drivers, at the time
- MVRV2.4145 · 76th pct
- Net exchange flow (30d)-15,583.7275
- Exchange reserve Δ (90d)57,345.2856
- Realized volatility (30d)0.6029 · 42nd 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 | -4.1% |
| 90d | +15.3% |
| 180d | -10.5% |
Description of the past, not a forecast.