What is MVRV Ratio?
MVRV compares market capitalization with realized capitalization. It is commonly used to estimate whether Bitcoin is trading at a premium or discount to aggregate holder cost basis.
MVRV Ratio
Compares Bitcoin market value to realized value.
Valuation
Recent MVRV trend
1.22
Updated Jul 29, 2026
How to read it
Higher values can indicate stronger unrealized profits, while lower values can suggest stress or accumulation conditions.
Recent data
| No | Date | Value |
|---|---|---|
| 1 | Jul 29, 2026 | 1.22 |
| 2 | Jul 22, 2026 | 1.25 |
| 3 | Jul 21, 2026 | 1.25 |
| 4 | Jul 20, 2026 | 1.21 |
| 5 | Jul 19, 2026 | 1.22 |
| 6 | Jul 18, 2026 | 1.21 |
| 7 | Jul 17, 2026 | 1.19 |
| 8 | Jul 16, 2026 | 1.22 |
| 9 | Jul 15, 2026 | 1.22 |
| 10 | Jul 14, 2026 | 1.18 |
| 11 | Jul 13, 2026 | 1.19 |
| 12 | Jul 12, 2026 | 1.2 |
| 13 | Jul 11, 2026 | 1.21 |
| 14 | Jul 10, 2026 | 1.2 |
| 15 | Jul 9, 2026 | 1.18 |
| 16 | Jul 8, 2026 | 1.18 |
| 17 | Jul 7, 2026 | 1.19 |
| 18 | Jul 6, 2026 | 1.19 |
| 19 | Jul 5, 2026 | 1.18 |
| 20 | Jul 4, 2026 | 1.18 |
| 21 | Jul 3, 2026 | 1.16 |
| 22 | Jul 2, 2026 | 1.13 |
| 23 | Jul 1, 2026 | 1.11 |
| 24 | Jun 30, 2026 | 1.12 |
| 25 | Jun 29, 2026 | 1.13 |
| 26 | Jun 28, 2026 | 1.13 |
| 27 | Jun 27, 2026 | 1.13 |
| 28 | Jun 26, 2026 | 1.13 |
| 29 | Jun 25, 2026 | 1.16 |
| 30 | Jun 24, 2026 | 1.17 |