> For the complete documentation index, see [llms.txt](https://docs.blockhorizon.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.blockhorizon.io/chart-tutorials/price-and-valuation/long-term-supply-mvrv.md).

# Long-Term Supply MVRV

LTS MVRV measures the valuation of coins held for more than 155 days, comparing the market value of Long-Term Supply (LTS) to its realized value based on the cost at which those coins last moved.

$$
\text{MVRV}*{\text{LTS}} = \frac{\text{Market Value}*{\text{LTS}}}{\text{Realized Value}\_{\text{LTS}}}
$$