On-Chain Valuation Overview

BTC / ETH Valuation Panel

Click a metric card to openMarket Valuationfor full charts

Miner Cycle Signals

Hash Ribbon · Puell Multiple

Hash Ribbon

937410283.27T

Bottom

Puell Multiple

0.584

Undervalued

Over/under-valued · cost basis

MVRV Z-Score

0.437

Undervalued

Net Unrealized Profit/Loss (NUPL)

0.105

Entity-Adjusted NUPL

0.213

Undervalued

aSOPR

0.993

Neutral

Realized Price

53,499

Balanced Price

39,665

CVDD

46,213

Seller Exhaustion Constant

0.0509

Reserve Risk

0.000964

Undervalued

Accumulation and supply structure

HODL Waves

0.00959

Long-Term Holder Position Change

48,017

Entity-Adjusted 90d CDD (eCDD-90)

141,204

Market Cap to Thermocap Ratio

7.29e-7