MVRV — market value to realized value
What the market says the coins are worth, over what they last moved for.
Under 1 the network as a whole is holding at a loss. Above 3.7 has marked every cycle top so far — four data points, not a law. Drag to zoom · double-click resets
MVRV ratio
What the market says the coins are worth, over what they last moved for.
Free public feeds, aggregated and computed in-app. Context, not advice.
Your own position on this chart
Free public feeds, aggregated and computed in-app. Context, not advice.
Sources
alternative.me
Blockchain Center
LookIntoBitcoin
Block Horizon
Coinglass
mempool.space
CoinGecko
Blockchain.com
Bitview
strategytracker.comPrice data powered by CoinGecko
Data ownership. Market data on this page comes from open public sources, always shown with attribution; we claim no ownership of it and it remains the property of its respective owners. Names, logos and favicons appear for identification only — no affiliation, partnership or endorsement is implied by any of them.
Per-source terms. Price and market-cap data is used under CoinGecko's API terms and carries the required “Powered by CoinGecko” notice. The Fear & Greed index is alternative.me's and is displayed with attribution next to the data, as its terms require. Block-height figures come from mempool.space's open API.
In-app series. The indicator series — rainbow bands, Pi Cycle, Mayer Multiple, 2-Year MA, 200-week heatmap, Stock-to-Flow, power law, calendar returns, the supply map and the liquidation-cluster estimate — are computed by Perly from cached prices using publicly documented methodologies. Links to LookIntoBitcoin, Blockchain Center, Bitbo and others credit the method's origin; the computed series themselves are ours and can be wrong.
No advice. Everything here is descriptive statistics about the past. Nothing on this page is financial advice or a recommendation to buy or sell anything.