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.