2023-01-11
STH Realized Price: $17,812.14.
Bitcoin price in the same daily row: $17,833.71. This is a descriptive reference point in this dataset; it does not establish a market top, bottom or future return.
Bitcoin: Short-Term Holder Realized Price and MVRV
Price, STH realized price and STH-MVRV.
Latest daily observationProvisional day
- STH Realized Price
- $74,819.69
- STH-MVRV
- 1.0984
- Bitcoin price
- $82,181.97
Observation: UTC. Dataset updated: .
Updated daily, normally at 09:30 Europe/Madrid. Latest hourly bucket starts 2026-10-22 07:00 UTC (hour start).
This day is incomplete and may change. Daily flows accumulate through the latest update; they differ from a single hourly point.
Data cross-checked. Cross-checked daily against an independent on-chain data provider: median difference 0.47% over 1,375 days (2023-01-01 to 2026-10-15); 95% of days within 1.96%. Checked 2026-10-22. Data status
Recent daily values
The last seven closed UTC days. These values remain daily when you change the chart range.
| Date (UTC) | STH Realized Price | STH-MVRV | Bitcoin price |
|---|---|---|---|
| 2026-10-21 | $74,834.17 | 1.1228 | $84,023.24 |
| 2026-10-20 | $74,698.72 | 1.1104 | $82,946.03 |
| 2026-10-19 | $74,635.63 | 1.0965 | $81,840.01 |
| 2026-10-18 | $74,573.90 | 1.0996 | $82,001.58 |
| 2026-10-17 | $74,560.91 | 1.0915 | $81,384.63 |
| 2026-10-16 | $74,602.80 | 1.0925 | $81,501.10 |
| 2026-10-15 | $74,569.02 | 1.1014 | $82,131.10 |
Formula
STH Realized Price = Σ(unspent young BTC × price at creation) / Σ(unspent young BTC). STH-MVRV = Bitcoin price / STH Realized Price.
How to read it
Realized price estimates the cost basis of coins younger than 155 days using their last on-chain movement. MVRV above 1 means market price exceeds that estimate; below 1 means it falls below it.
Limitations
- The estimate uses hourly candle prices for the recent segment and daily prices in the earlier segment identified in the source note. It is not a record of investors' actual purchase prices.
- On-chain movements include transfers between an owner's own wallets. They do not establish actual purchases, sales or investor identity.
- The latest day is provisional. Data is updated daily; hourly resolution does not mean hourly publication.
Historical examples
Selected mechanically: the lowest and highest closed-day STH Realized Price in the available history (2023-01-01 to 2026-10-21). These are observations, not forecasts or trading signals.
2025-10-09
STH Realized Price: $114,005.55.
Bitcoin price in the same daily row: $121,695.00. This is a descriptive reference point in this dataset; it does not establish a market top, bottom or future return.
Download these closed daily observations (JSON)
Source: Computed from the chain (BigQuery public dataset crypto_bitcoin), hourly resolution. Price source: Bitstamp BTC/USD hourly candles. rows before 2025-10-06 computed with daily prices (Coin Metrics); hourly prices from then on Methodology and sources.