7-day cohort valuation and joint loss zones — Seven-day STH and LTH MVRV; shaded zones mark periods when both cohorts are below cost basis
STH / LTH MVRV uses Bitcoin's UTXO cost-basis data: 7-day cohort valuation and joint loss zones. It connects the current market with the prices at which coins were last moved.
Look for changes in profit, loss and holder cost basis across weeks or months. Those shifts show whether the market is absorbing supply or realizing stress.
Cost-basis metrics describe on-chain movements, not every off-chain trade. They are best read as a market-structure view, not a guaranteed buy or sell signal.