STH Median MVRV
Chainlink
STH Median MVRV applies the median cost basis to short-term-holder MVRV.
Why it matters
It gives an outlier-resistant read of recent-buyer profitability.
How it is built
Market price is divided by the median realized price of short-term-holder coins.
What to watch
It shows whether the typical recent buyer is above or below break-even, a robust local signal.