MVRV USD
Ethereum
MVRV USD is the ratio of ETH's market value to its realized value, smoothed over a rolling window.
Why it matters
It measures aggregate holder profitability and whether the market is over- or under-valued.
How it is built
Market cap is divided by realized cap and averaged over the given window to reduce noise.
What to watch
Above 1 the average holder is in profit; extremes mark cycle tops and undervalued bottoms.
Measured on this chain
MVRV USD on Ethereum last read 1.09 on Aug 23, 2026, a change of +32.65% over 30 days, ranging from 0.6833 (Jun 6, 2026) to 2.2 (Aug 13, 2025).
- Latest reading
- 1.09
- Aug 23, 2026
- Change
- 1d +1.62%
- 30d +32.65%
- 90d +18.69%
- 1y -49.8%
- Range
- Low 0.6833·Jun 6, 2026
- High 2.2·Aug 13, 2025
- Coverage
- Jul 29, 2024 — Aug 23, 2026
- 756 readings
| Date | Value |
|---|---|
| Aug 12, 2026 | 0.8284 |
| Aug 13, 2026 | 0.8311 |
| Aug 14, 2026 | 0.8296 |
| Aug 15, 2026 | 0.8298 |
| Aug 16, 2026 | 0.8268 |
| Aug 17, 2026 | 0.8438 |
| Aug 18, 2026 | 0.8456 |
| Aug 19, 2026 | 0.9933 |
| Aug 20, 2026 | 1.03 |
| Aug 21, 2026 | 1.11 |
| Aug 22, 2026 | 1.07 |
| Aug 23, 2026 | 1.09 |
Read from our own stored series, not quoted from a page.