Active MVRV
Ethereum
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 Ethereum last read 1.28 on Aug 23, 2026, a change of +31.91% over 30 days, ranging from 0.7399 (Apr 8, 2025) to 2.13 (Aug 13, 2025).
- Latest reading
- 1.28
- Aug 23, 2026
- Change
- 1d +0.65%
- 30d +31.91%
- 90d +21.44%
- 1y -38.17%
- Range
- Low 0.7399·Apr 8, 2025
- High 2.13·Aug 13, 2025
- Coverage
- Jun 15, 2024 — Aug 23, 2026
- 800 readings
| Date | Value |
|---|---|
| Aug 12, 2026 | 0.9875 |
| Aug 13, 2026 | 0.9835 |
| Aug 14, 2026 | 0.9826 |
| Aug 15, 2026 | 0.9857 |
| Aug 16, 2026 | 0.9861 |
| Aug 17, 2026 | 0.9995 |
| Aug 18, 2026 | 1 |
| Aug 19, 2026 | 1.09 |
| Aug 20, 2026 | 1.22 |
| Aug 21, 2026 | 1.27 |
| Aug 22, 2026 | 1.27 |
| Aug 23, 2026 | 1.28 |
Read from our own stored series, not quoted from a page.