MVRV Ratio

MVRV (market-value-to-realized-value) ratio is a ratio of an asset's market capitalization to its realized capitalization.

Indicator Overview

MVRV (market-value-to-realized-value) ratio is, as the name suggests, a ratio of an asset's market capitalization to its realized capitalization.

By comparing these two metrics, MVRV can be used to get a sense of when price is above or below "fair value", thereby helping to spot market tops and bottoms.

How is it measured‌

MVRV is calculated by dividing an asset's market cap by its realized cap.

MVRV=Market CapRealized Cap\textrm{MVRV}=\frac{\textrm{Market Cap}}{\textrm{Realized Cap}}

About

Created By

Murad Mahmudov and David Puell

Date Created

October 2018

Further Resources

Murad Mahmudov and David Puell - Bitcoin Market-Value-to-Realized-Value (MVRV) Ratio

Willy Woo - Bitcoin MVRV Ratio