Cryp2Nova

MVRV USD 3y

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. This particular series is measured over the 3Y window.

What to watch

Above 1 the average holder is in profit; extremes mark cycle tops and undervalued bottoms.

Measured on this chain

MVRV USD 3y on Ethereum last read 0.8964 on Aug 24, 2026, a change of +32.03% over 30 days, ranging from 0.5648 (Jun 6, 2026) to 1.87 (Aug 13, 2025).

Latest reading
0.8964
Aug 24, 2026
Change
1d +0.64%
30d +32.03%
90d +20.87%
1y -51%
Range
Low 0.5648·Jun 6, 2026
High 1.87·Aug 13, 2025
Coverage
Jul 29, 2024Aug 24, 2026
757 readings
Recent readings
DateValue
Aug 13, 20260.6839
Aug 14, 20260.6826
Aug 15, 20260.6827
Aug 16, 20260.6801
Aug 17, 20260.6938
Aug 18, 20260.6952
Aug 19, 20260.8165
Aug 20, 20260.8424
Aug 21, 20260.9099
Aug 22, 20260.8768
Aug 23, 20260.8908
Aug 24, 20260.8964

Read from our own stored series, not quoted from a page.

Related metrics

MVRV USD 3y — Ethereum · Cryp2Nova