Active MVRV
Bitcoin
Active MVRV divides the market value of economically active supply by its realized value, excluding lost and vaulted coins.
Why it matters
It gives a cleaner valuation signal than raw MVRV by focusing on coins that realistically transact.
How it is built
Active-supply market value is divided by active realized value.
What to watch
Sharper cycle tops and bottoms than classic MVRV, since dormant supply no longer distorts the cost basis.
Measured on this chain
Active MVRV on Bitcoin last read 0.9995 on Sep 24, 2026, a change of +6.33% over 30 days, ranging from 0.6985 (Jun 30, 2026) to 1.68 (Nov 21, 2024).
- Latest reading
- 0.9995
- Sep 24, 2026
- Change
- 1d +0.01%
- 30d +6.33%
- 90d +40.05%
- 1y -24.69%
- Range
- Low 0.6985·Jun 30, 2026
- High 1.68·Nov 21, 2024
- Coverage
- Jul 17, 2024 — Sep 24, 2026
- 800 readings
| Date | Value |
|---|---|
| Sep 13, 2026 | 0.9141 |
| Sep 14, 2026 | 0.9319 |
| Sep 15, 2026 | 0.8997 |
| Sep 16, 2026 | 0.9052 |
| Sep 17, 2026 | 0.909 |
| Sep 18, 2026 | 0.962 |
| Sep 19, 2026 | 0.9659 |
| Sep 20, 2026 | 0.9647 |
| Sep 21, 2026 | 1.03 |
| Sep 22, 2026 | 1.02 |
| Sep 23, 2026 | 0.9994 |
| Sep 24, 2026 | 0.9995 |
Read from our own stored series, not quoted from a page.