LTH-MVRV

LTH-MVRV serves as an indicator of fair value, as assessed by the behaviour of long-term investors.

Indicator Overview
Long Term Holder MVRV (LTH-MVRV) is MVRV that takes into account only UTXOs as old as or older than 155 days and serves as an indicator to assess the behaviour of long-term investors.
​View LTH-MVRV in Glassnode Studio​
​View LTH-MVRV in Glassnode API Docs​
How is it measured?
LTH-MVRV is calculated by taking the MVRV value only for UTXOs as old as or older than 155 days.
LTH-MVRV=Market Cap (of all UTXOs where age ≥ 155 days)Realized Cap (of all UTXOs where age ≥ 155 days)\textrm{LTH-MVRV}=\frac{\textrm{Market Cap}~{\color{gray}{\textrm{(of all UTXOs where age ≥ 155 days)}}}}{\textrm{Realized Cap}~{\color{gray}{\textrm{(of all UTXOs where age ≥ 155 days)}}}}LTH-MVRV=Realized Cap (of all UTXOs where age ≥ 155 days)Market Cap (of all UTXOs where age ≥ 155 days)​
About
Introduced By
​Glassnode​
Date Introduced
March 2020
Further Resources
Rafael Schultze-Kraft - Breaking up On–Chain Metrics for Short and Long Term Investors​

MVRV-Z Score

STH-MVRV

Last modified 8mo ago