Metric name: Reserve Risk
Chart:
API: https://chainmetrics.com/api/m34_reserve_risk?apikey=[YOUR-API-KEY-HERE]
Metric description: Reserve Risk is defined as price / HODL Bank. It is used to assess the confidence of long-term holders relative to the price of the native coin at any given point in time. When confidence is high and price is low, there is an attractive risk/reward to invest (Reserve Risk is low). When confidence is low and price is high then risk/reward is unattractive at that time (Reserve Risk is high).
Chart:
API: https://chainmetrics.com/api/m34_reserve_risk?apikey=[YOUR-API-KEY-HERE]
Metric description: Reserve Risk is defined as price / HODL Bank. It is used to assess the confidence of long-term holders relative to the price of the native coin at any given point in time. When confidence is high and price is low, there is an attractive risk/reward to invest (Reserve Risk is low). When confidence is low and price is high then risk/reward is unattractive at that time (Reserve Risk is high).