Unrealised MVRV STH MVRV STH
Bitcoin
The Short-Term Holder MVRV Ratio applies MVRV only to coins held less than about 155 days.
Why it matters
It tracks whether recent buyers are in aggregate profit or loss, a sensitive gauge of near-term market health.
How it is built
The market value of short-term-holder coins is divided by their realized value (their recent cost basis).
What to watch
STH-MVRV above 1 keeps new buyers profitable and supports uptrends; a drop below 1 means recent buyers are underwater, a condition that often precedes capitulation and local bottoms.
Related metrics
- Unrealised MVRV STH Zscore MVRV STH Zscore
- Unrealised MVRV Momentum STH MVRV Momentum STH
- Unrealised Histogram MVRV Bullbear MVRV STH Histogram MVRV Bullbear MVRV STH
- Unrealised Histogram Bullbear MVRV STH Zscore Histogram Bullbear MVRV STH Zscore
- Unrealised MVRV All MVRV All
- STH MVRV
- Unrealised Unrealised Profitloss Ratio STH Unrealised Profitloss Ratio STH
- Unrealised Pctunrealisedprofit STH Pctunrealisedprofit STH