Unrealised MVRV LTH MVRV LTH
Bitcoin
The Long-Term Holder MVRV Ratio applies MVRV only to coins held longer than about 155 days.
Why it matters
It measures the unrealized profitability of conviction holders, whose cost basis anchors long-term market structure.
How it is built
The market value of long-term-holder coins is divided by their realized value (their aggregate cost basis).
What to watch
Very high LTH-MVRV signals seasoned holders sitting on large paper gains — fuel for distribution near tops — while readings near or below 1 mark holder capitulation typical of bottoms.
Related metrics
- Unrealised MVRV Momentum LTH MVRV Momentum LTH
- Unrealised MVRV LTH Zscore MVRV LTH Zscore
- Unrealised Histogram MVRV Bullbear MVRV LTH Histogram MVRV Bullbear MVRV LTH
- Unrealised Histogram Bullbear MVRV LTH Zscore Histogram Bullbear MVRV LTH Zscore
- Unrealised MVRV All MVRV All
- LTH MVRV
- Unrealised Unrealised Profitloss Ratio LTH Unrealised Profitloss Ratio LTH
- Unrealised Pctunrealisedprofit LTH Pctunrealisedprofit LTH