Chart
Bitcoin on-chain metric
STH MVRV
Updated: 2026-06-30 02:10 UTC
Metric context
STH MVRV
Definition
Definition
STH MVRV compares short-term holder market value to their realized value.
How to read it
Reading context
Values below 1 indicate short-term holders are underwater. Values above 1 indicate recent buyers are in profit and may become more willing to hold or distribute.