BTC Long-term holders MVRV rise back to 1.35 and return to the profit zone
BIBIBI
AT A GLANCE
Analyst Zizcrypto said that BTC long-term holders MVRV had risen back to approximately September 27 as of 1.35, returning to the unrealized profit zone.
Article
Analyst:BTC Long-term holders MVRV move out of mild pressure and back into the profit zone
PANews September 29 reported that CryptoQuant analyst Zizcrypto wrote,BTC adjusted long-term holders (6 months to 10 years)MVRV have moved out of mild pressure and back into the profit zone. The indicator fell below June to August five times, 1.0，June 30 reaching 2026-year low of approximately 0.94, when BTC prices were close to 58500 USD。MVRV 1.0 represents the overall break-even line for this group; above 1.0 means unrealized profit, while below 1.0 indicates unrealized loss. As of September 27, the indicator had risen back to approximately 1.35，BTC prices were close to 84500 USD, approximately 62700 USD above the group's realized price of approximately 35%. Zizcrypto said this was a recovery after a healthy correction, rather than a deep or prolonged loss cycle.
PANews quoted CryptoQuant analyst Zizcrypto as writing that BTC long-term holders (holding for 6 months to 10 years)MVRV had moved out of mild pressure and back into the profit zone.
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The original text said that the indicator fell below June to August five times, 1.0 and reached June 30 a 2026-year low of approximately 0.94。
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The original text said that June 30 BTC prices were close to 58500 USD。
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The original text explained that MVRV is 1.0 and represents the group's overall break-even point; above 1.0 indicates unrealized profit, while below 1.0 indicates unrealized loss.
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As of September 27, the indicator was reportedly back to approximately 1.35，BTC prices were close to 84500 USD。
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The original text said that, at the time,BTC prices were approximately 62700 USD above the group's realized price of 35%。
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Zizcrypto described this change as a recovery after a healthy correction, rather than a deep or prolonged loss cycle.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
MVRV can be used to compare the current market price with the realized price of a particular holder group. According to the explanation provided in the original text, a value returning to above 1.0 means that these long-term holders, considered as a whole, have returned to an unrealized profit position; approximately 1.35 means that the current price is approximately 35%。
Why it matters to readers
This indicator reflects the overall unrealized profit and loss position of long-term holders. Returning to above 1.0 may be interpreted as reduced loss pressure for this group, but the original text does not prove that BTC prices will continue to rise as a result.
Beginners can view 1.0 as the overall profit-and-loss boundary for this group of long-term holders and continue watching whether the indicator can remain above 1.0; do not make trading decisions based solely on a single on-chain indicator.
Risks and unknowns
The relevant figures and conclusions come from PANews' account of the analyst's post; the original text did not provide independent-source cross-verification.
“Recovery after a healthy correction” is Zizcrypto's analytical judgment, not a confirmed market outcome.
MVRV Returning to above 1.0 cannot by itself prove that BTC prices will continue to rise.
The original text did not explain the indicator's complete calculation method or data error.
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MVRV
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