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![CoinbaseInsto Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::931273791782535168.png) Coinbase Institutional 🛡️ [@CoinbaseInsto](/creator/twitter/CoinbaseInsto) on x 114.9K followers
Created: 2025-07-18 16:21:40 UTC

Bitcoin’s rally is structural, not speculative.

Metrics like tempered MVRV (ratio of an asset's current market value to its realized value), high long-term holder dominance, shrinking exchange balances, and rising global M2 suggest BTC’s surge is built on solid fundamentals.

![](https://pbs.twimg.com/media/GwJxduYWIActLys.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1946243987742089220/c:line.svg)

**Related Topics**
[surge](/topic/surge)
[dominance](/topic/dominance)
[holder](/topic/holder)
[longterm](/topic/longterm)
[metrics](/topic/metrics)
[coinbase](/topic/coinbase)
[stocks financial services](/topic/stocks-financial-services)
[stocks bitcoin treasuries](/topic/stocks-bitcoin-treasuries)

[Post Link](https://x.com/CoinbaseInsto/status/1946243987742089220)