MVRV Ratio
MVRV = Market Value / Realized Value. It helps observe whether most holders are in profit or loss.
Using local cycle points; the page updates after loading. Data source: Coin Metrics Community API CapMVRVCur metric. This chart is for learning valuation zones only and is not investment advice.
What it means
MVRV compares market value with realized value to understand how far price is from on-chain cost basis.
MVRV = Market Value / Realized Value. It helps observe whether most holders are in profit or loss.
How to read it
- < 1: low or loss zone
- 1 - 3: normal observation zone
- > 3.5: overheated sentiment
Limitations
It depends on on-chain data methodology and should not be used alone.
Formula
MVRV = Market Value / Realized Value. It helps observe whether most holders are in profit or loss.
How to use
- Check whether price is far above on-chain cost.
- Low readings do not guarantee a bottom.
- High readings require heat-risk awareness.
Chart data
| How to read it | Limitations |
|---|---|
| < 1: low or loss zone | It depends on on-chain data methodology and should not be used alone. |
| 1 - 3: normal observation zone | It depends on on-chain data methodology and should not be used alone. |
| > 3.5: overheated sentiment | It depends on on-chain data methodology and should not be used alone. |
FAQ
Limitations
It depends on on-chain data methodology and should not be used alone.