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

Indicator Overview

Short Term Holder MVRV (STH-MVRV) is MVRV that takes into account only UTXOs younger than 155 days and serves as an indicator to assess the behaviour of short-term investors.

How is it measured?

STH-MVRV is calculated by taking the MVRV value only for UTXOs younger than 155 days.
STH-MVRV=Market Cap (of all UTXOs where age < 155 days)Realized Cap (of all UTXOs where age < 155 days)\textrm{STH-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)}}}}

About

Introduced By

Glassnode

Date Introduced

March 2020

Further Resources

Last modified 1yr ago