Cryp2Nova

STH MVRV

Bitcoin

The Short-Term Holder MVRV divides the market value of short-term holder coins by their realized (cost-basis) value.

Why it matters

It measures the unrealized profitability of short-term holder, anchoring their behaviour.

How it is built

Market value of short-term holder supply is divided by its aggregate cost basis.

What to watch

Above 1 the cohort is in profit; extremes mark distribution risk near tops and capitulation near bottoms.

Measured on this chain

STH MVRV on Bitcoin last read 1.16 on Sep 24, 2026, a change of +2.24% over 30 days, ranging from 0.679 (Feb 5, 2026) to 1.33 (Nov 21, 2024).

Latest reading
1.16
Sep 24, 2026
Change
1d -2.07%
30d +2.24%
90d +35.58%
1y +14.28%
Range
Low 0.679·Feb 5, 2026
High 1.33·Nov 21, 2024
Coverage
Jul 17, 2024Sep 24, 2026
800 readings
Recent readings
DateValue
Sep 13, 20261.09
Sep 14, 20261.08
Sep 15, 20261.1
Sep 16, 20261.06
Sep 17, 20261.07
Sep 18, 20261.07
Sep 19, 20261.13
Sep 20, 20261.13
Sep 21, 20261.13
Sep 22, 20261.19
Sep 23, 20261.19
Sep 24, 20261.16

Read from our own stored series, not quoted from a page.

Related metrics

STH MVRV — Bitcoin · Cryp2Nova