Markets· ★★★· bearish·

Bitcoin short-term holder MVRV hits highest since November 2025

  • —Bitcoin STH MVRV rose to its highest since November 2025
  • —Price broke above the STH cost basis near $73,100, momentum built in August–September
  • —Current MVRV is 1.15, implying roughly 15% average unrealized profit for STHs
  • —The level could prompt short-term holders to take profits
Why it matters: Rising unrealized gains for short-term holders historically precede profit-taking waves and sharper Bitcoin pullbacks.
Source: PANews