Crypto
BTC Short-Term Holder MVRV Hits Highest Level Since November 2025
The market value of Bitcoin's short-term holders has surpassed their realized value, according to the MVRV ratio.
The MVRV ratio reached a high of 1.15 in August and September, indicating that these holders are averaging a 15% unrealized profit.
This increase followed Bitcoin's move above its short-term holder cost basis of around $73,100.
Market momentum strengthened significantly between August and September, leading to the current high MVRV ratio level.