Cryp2Nova

MVRV USD 5y

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 5Y 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 5y on Ethereum last read 0.958 on Aug 24, 2026, a change of +32.87% over 30 days, ranging from 0.597 (Jun 6, 2026) to 0.9716 (Aug 21, 2026).

Latest reading
0.958
Aug 24, 2026
Change
1d +0.67%
30d +32.87%
90d +22.6%
Range
Low 0.597·Jun 6, 2026
High 0.9716·Aug 21, 2026
Coverage
May 23, 2026Aug 24, 2026
94 readings
Recent readings
DateValue
Aug 13, 20260.728
Aug 14, 20260.7268
Aug 15, 20260.727
Aug 16, 20260.7244
Aug 17, 20260.7394
Aug 18, 20260.7412
Aug 19, 20260.8708
Aug 20, 20260.8989
Aug 21, 20260.9716
Aug 22, 20260.9364
Aug 23, 20260.9517
Aug 24, 20260.958

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

Related metrics

MVRV USD 5y — Ethereum · Cryp2Nova