Bitcoin’s investor profitability has exceeded Ethereum for over two years

Bitcoin’s MVRV has remained higher than Ethereum’s for 812 days, suggesting BTC investors are significantly more profitable. In contrast, Ethereum’s MVRV dipping below 1.0 implies most ETH holders are facing losses, although potential for recovery exists.

Bitcoin’s consistent growth and volatility have resulted in a realized market cap increase of $468 billion since late 2022, compared to Ethereum’s $61 billion. Despite current market challenges, Bitcoin’s superior profitability positions it favorably against Ethereum.