GuideAPI Doc

MVRV (Market Value to Realized Value)

Assesses if the market is overvalued or undervalued relative to holders’ cost basis.

Overview
Compares current market value to the realized value (aggregate acquisition cost of all coins).
It identifies investor profit levels and cycle positioning.

Formula

M V R V = M a r k e t C a p R e a l i z e d C a p MVRV = \frac{MarketCap}{RealizedCap}

Interpretation

  • MVRV > 3 → overheated market.

  • MVRV < 1 → undervalued accumulation phase.

Insights
A key metric for identifying tops and bottoms in long-term cycles.

Available Metrics