{"id":15285,"date":"2022-12-29T11:00:00","date_gmt":"2022-12-29T07:30:00","guid":{"rendered":"https:\/\/pooleno.ir\/blog\/?p=15285"},"modified":"2025-09-03T07:21:48","modified_gmt":"2025-09-03T03:51:48","slug":"what-is-mvrv-indicator","status":"publish","type":"post","link":"https:\/\/pooleno.ir\/blog\/what-is-mvrv-indicator\/","title":{"rendered":"\u0634\u0627\u062e\u0635 MVRV \u0686\u06cc\u0633\u062a\u061f \u0628\u0627 \u0633\u0627\u062f\u0647\u200c\u062a\u0631\u06cc\u0646 \u0634\u0627\u062e\u0635 \u0622\u0646\u0686\u06cc\u0646 \u0628\u0631\u0627\u06cc \u062a\u0639\u06cc\u06cc\u0646 \u06a9\u0641 \u0648 \u0633\u0642\u0641 \u0642\u06cc\u0645\u062a \u0627\u0631\u0632\u0647\u0627\u06cc \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u0622\u0634\u0646\u0627 \u0634\u0648\u06cc\u062f"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">\u0634\u0627\u06cc\u062f \u062a\u0627\u0628\u0647\u200c\u062d\u0627\u0644 \u067e\u06cc\u0634\u200c\u0622\u0645\u062f\u0647 \u06a9\u0647 \u0628\u0627 \u062e\u0648\u062f \u0628\u06af\u0648\u06cc\u06cc\u062f\u060c \u06a9\u0627\u0634 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u06f4\u06f8\u06f0\u06f0 \u062f\u0644\u0627\u0631\u06cc \u0631\u0627 \u0628\u0639\u062f \u0627\u0632 \u0631\u06cc\u0632\u0634 \u0628\u0627\u0632\u0627\u0631 \u0628\u0647 \u062e\u0627\u0637\u0631 \u06a9\u0631\u0648\u0646\u0627\u060c \u0645\u06cc\u200c\u062e\u0631\u06cc\u062f\u0645 \u06cc\u0627 \u06a9\u0627\u0634 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646\u200c \u0631\u0627 \u062f\u0631 \u0642\u06cc\u0645\u062a \u06f5\u06f7 \u0647\u0632\u0627\u0631 \u062f\u0644\u0627\u0631 \u0645\u06cc\u200c\u0641\u0631\u0648\u062e\u062a\u0645 \u0648 \u062f\u0631 \u0642\u06cc\u0645\u062a\u200c\u0647\u0627\u06cc \u067e\u0627\u06cc\u06cc\u0646\u200c\u062a\u0631 \u0628\u0647 \u0628\u0627\u0632\u0627\u0631 \u0648\u0627\u0631\u062f \u0645\u06cc\u200c\u0634\u062f\u0645. \u0627\u06af\u0631 \u0627\u06cc\u0646 \u0641\u0631\u0635\u062a\u200c\u0647\u0627 \u0631\u0648 \u0627\u0632 \u062f\u0633\u062a \u062f\u0627\u062f\u0647\u200c\u0627\u06cc\u062f \u0627\u0634\u06a9\u0627\u0644\u06cc \u0646\u062f\u0627\u0631\u062f\u060c \u062f\u0631 \u0645\u0642\u0627\u0644\u0647 \u0627\u0645\u0631\u0648\u0632 \u0642\u0635\u062f \u062f\u0627\u0631\u06cc\u0645 \u0628\u0647 \u0628\u0631\u0631\u0633\u06cc <strong>\u0634\u0627\u062e\u0635 Market Value to Realized Value<\/strong> \u06cc\u0627 \u0647\u0645\u0627\u0646 <strong>MVRV<\/strong> \u0628\u067e\u0631\u062f\u0627\u0632\u06cc\u0645 \u062a\u0627 \u062f\u0631 \u0622\u06cc\u0646\u062f\u0647 \u0628\u0647 \u0631\u0627\u062d\u062a\u06cc \u0628\u062a\u0648\u0627\u0646\u06cc\u062f \u06a9\u0641 \u0648 \u0633\u0642\u0641 <a href=\"https:\/\/pooleno.ir\/price\/btc\" target=\"_blank\" rel=\"noreferrer noopener\">\u0642\u06cc\u0645\u062a \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646<\/a> \u0631\u0627 \u062a\u0634\u062e\u06cc\u0635 \u062f\u0647\u06cc\u062f. \u0627\u06af\u0631 \u0642\u0635\u062f \u062f\u0627\u0631\u06cc\u062f \u062f\u0631 \u0645\u0648\u0631\u062f <strong>\u0634\u0627\u062e\u0635 MVRV<\/strong>\u060c <strong>\u0646\u062d\u0648\u0647 \u0633\u06cc\u06af\u0646\u0627\u0644 \u06af\u06cc\u0631\u06cc \u0628\u0627 MVRV<\/strong>\u060c <strong>\u0646\u062d\u0648\u0647 \u0645\u062d\u0627\u0633\u0628\u0647 \u0627\u06cc\u0646 \u0634\u0627\u062e\u0635<\/strong> \u0648&#8230; \u0628\u06cc\u0634\u062a\u0631 \u0628\u062f\u0627\u0646\u06cc\u062f\u060c \u0627\u06cc\u0646 \u0645\u0642\u0627\u0644\u0647 \u0631\u0627 \u0627\u0632 \u062f\u0633\u062a \u0646\u062f\u0647\u06cc\u062f.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"%d8%b4%d8%a7%d8%ae%d8%b5-mvrv-%da%86%db%8c%d8%b3%d8%aa%d8%9f\">\u0634\u0627\u062e\u0635 MVRV \u0686\u06cc\u0633\u062a\u061f<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u0634\u0627\u062e\u0635 MVRV \u0645\u062e\u0641\u0641 \u0639\u0628\u0627\u0631\u062a Market Value to Realized Value \u0627\u0633\u062a \u06a9\u0647 \u0646\u0633\u0628\u062a<strong> \u0627\u0631\u0632\u0634 \u0641\u0639\u0644\u06cc \u0628\u0627\u0632\u0627\u0631 (Market Cap)<\/strong> \u0628\u0647 <strong>\u0627\u0631\u0632\u0634 \u0645\u062d\u0642\u0642 \u0634\u062f\u0647 (Realized Cap)<\/strong> \u0631\u0627 \u0646\u0645\u0627\u06cc\u0634 \u0645\u06cc\u200c\u062f\u0647\u062f. \u0634\u0627\u062e\u0635 MVRV \u062a\u0648\u0633\u0637 \u0645\u0631\u0627\u062f \u0645\u062d\u0645\u0648\u062f\u0648\u0641 (Murad Mahmudov) \u0648 \u062f\u06cc\u0648\u06cc\u062f \u067e\u0648\u0626\u0644 (David Puell) \u062f\u0631 \u0633\u0627\u0644 \u06f2\u06f0\u06f1\u06f8 \u0627\u06cc\u062c\u0627\u062f \u0634\u062f.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0634\u0627\u062e\u0635 MVRV \u06cc\u06a9\u06cc \u0627\u0632 \u0634\u0627\u062e\u0635\u200c\u0647\u0627\u06cc \u0622\u0646\u0686\u06cc\u0646 \u0627\u0633\u062a \u06a9\u0647 \u0628\u0647\u200c\u0631\u0627\u062d\u062a\u06cc <strong>\u06a9\u0641 \u0648 \u0633\u0642\u0641 \u0642\u06cc\u0645\u062a<\/strong> \u0631\u0627 \u0628\u0631\u0627\u06cc \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u0627\u0646 \u0645\u0634\u062e\u0635 \u0645\u06cc\u200c\u06a9\u0646\u062f. \u0627\u06af\u0631 \u0628\u0627 \u0634\u0627\u062e\u0635 MVRV \u0622\u0634\u0646\u0627 \u0628\u0648\u062f\u06cc\u062f\u060c \u0627\u062d\u062a\u0645\u0627\u0644 \u0632\u06cc\u0627\u062f \u062f\u0631 \u0633\u0627\u0644 \u06f2\u06f0\u06f1\u06f9 \u0645\u0642\u062f\u0627\u0631\u06cc \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u062f\u0631 \u0642\u06cc\u0645\u062a \u06f3\u06f5\u06f0\u06f0 \u062f\u0644\u0627\u0631 \u0645\u06cc\u200c\u062e\u0631\u06cc\u062f\u06cc\u062f \u06cc\u0627 \u062d\u062f\u0627\u0642\u0644 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u06f5\u06f0\u06f0\u06f0 \u062f\u0644\u0627\u0631\u06cc \u0633\u0627\u0644 \u06f2\u06f0\u06f2\u06f0 \u0631\u0627 \u0627\u0632 \u062f\u0633\u062a \u0646\u0645\u06cc\u200c\u062f\u0627\u062f\u06cc\u062f \u0648 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u0633\u062a\u06cc\u062f \u0627\u06cc\u0646 \u0631\u0645\u0632 \u0627\u0631\u0632 \u062f\u0631 \u06f2\u06f0\u06f2\u06f1 \u0648 \u062f\u0631 \u0633\u0642\u0641 \u06f6\u06f0 \u0647\u0632\u0627\u0631 \u062f\u0644\u0627\u0631 \u0628\u0647 \u0641\u0631\u0648\u0634 \u0628\u0631\u0633\u0627\u0646\u06cc\u062f.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" onerror=\"this.onerror=null;this.srcset='';this.src=https:\/\/blog.pooleno.ir\/wp-content\/themes\/PoolenoBlog\/img\/000-404.png;\" src=\"https:\/\/lh5.googleusercontent.com\/AlGZH-bPUnhd-CdINk2FDdYFb0caWbmhbsjGYgdrCRkr3eCHcVfSY5F5ZOAxs6id7wbfV2BOfrCQPbvIZvwZc-owG3dSTRSd5RudaCH0llauIJmw-RzS8aLpLzc6PEeT4X0T5XG2J2l6BCKHhpOs_ZYBkxGDH34eVEhir0t7ZcXUR6UAYrOpJNfXlTdIjg\" alt=\"\u0634\u0627\u062e\u0635 MVRV \u0648 \u0646\u062d\u0648\u0647 \u0645\u0634\u062e\u0635\u200c\u06a9\u0631\u062f\u0646 \u0633\u0642\u0641 \u0648 \u06a9\u0641 \u0642\u06cc\u0645\u062a \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">\u0647\u0645\u0627\u0646\u200c\u0637\u0648\u0631 \u06a9\u0647 \u062f\u0631 \u062a\u0635\u0648\u06cc\u0631 \u0628\u0627\u0644\u0627 \u0645\u0634\u062e\u0635 \u0634\u062f\u0647 \u0627\u0633\u062a\u060c \u0634\u0627\u062e\u0635 MVRV \u0647\u0645\u0648\u0627\u0631\u0647 \u0628\u0647\u200c\u062f\u0631\u0633\u062a\u06cc \u0633\u0642\u0641 \u0648 \u06a9\u0641 \u0642\u06cc\u0645\u062a \u0631\u0627 \u0645\u0634\u062e\u0635 \u06a9\u0631\u062f\u0647 \u0627\u0633\u062a.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"%d9%86%d8%ad%d9%88%d9%87-%d9%85%d8%ad%d8%a7%d8%b3%d8%a8%d9%87-%d8%b4%d8%a7%d8%ae%d8%b5-mvrv\">\u0646\u062d\u0648\u0647 \u0645\u062d\u0627\u0633\u0628\u0647 \u0634\u0627\u062e\u0635 MVRV<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u0646\u062d\u0648\u0647 <strong>\u0645\u062d\u0627\u0633\u0628\u0647 \u0634\u0627\u062e\u0635 MVRV<\/strong> \u0628\u0633\u06cc\u0627\u0631 \u0633\u0627\u062f\u0647 \u0648 \u0631\u0627\u062d\u062a \u0627\u0633\u062a\u060c \u0628\u0631\u0627\u06cc \u0645\u062d\u0627\u0633\u0628\u0647 MVRV \u06a9\u0627\u0641\u06cc \u0627\u0633\u062a \u06a9\u0647 \u0627\u0631\u0632\u0634 \u0641\u0639\u0644\u06cc \u0628\u0627\u0632\u0627\u0631 \u06cc\u0627 \u0647\u0645\u0627\u0646 <a href=\"https:\/\/pooleno.ir\/blog\/market-cap-meaning\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u0645\u0627\u0631\u06a9\u062a \u06a9\u067e (Market Cap)<\/a> \u0631\u0627 \u0628\u0631 \u0627\u0631\u0632\u0634 \u0648\u0627\u0642\u0639\u06cc \u0628\u0627\u0632\u0627\u0631 (Realized Cap) \u06cc\u0627 \u0627\u0631\u0632\u0634 \u062a\u062d\u0642\u0642\u200c\u06cc\u0627\u0641\u062a\u0647 \u062a\u0642\u0633\u06cc\u0645 \u06a9\u0646\u06cc\u0645.&nbsp;<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" onerror=\"this.onerror=null;this.srcset='';this.src=https:\/\/blog.pooleno.ir\/wp-content\/themes\/PoolenoBlog\/img\/000-404.png;\" src=\"https:\/\/lh4.googleusercontent.com\/35rz_k6E1FIuqorBTm8Jh1JaaV5-m9ifqltAKyeEci31KQLGwB-lwMovnUilhrid9kDV2yuwvqpDSBhmmcENbBLJnrQLa2FHPYcHkoHsa7_DNQUwkMb90zVFnoF3KkX3tUCmXLsMVI2kir5Y1aBr9nPvFpknobT-542-ZCqzTrSsoPQYNMX_Dk27N9Cx5Q\" alt=\"\u0646\u062d\u0648\u0647 \u0645\u062d\u0627\u0633\u0628\u0647 \u0634\u0627\u062e\u0635 MVRV\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">\u0628\u0631\u0627\u06cc \u062f\u0631\u06a9 \u0628\u0647\u062a\u0631 \u0646\u062d\u0648\u0647 \u0645\u062d\u0627\u0633\u0628\u0647 \u0634\u0627\u062e\u0635 MVRV \u0628\u0627 \u06cc\u06a9 \u0645\u062b\u0627\u0644 \u0627\u062f\u0627\u0645\u0647 \u062e\u0648\u0627\u0647\u06cc\u0645 \u062f\u0627\u062f.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0641\u0631\u0636 \u06a9\u0646\u06cc\u062f \u0645\u0647\u0633\u0627\u060c \u0645\u062d\u0633\u0646 \u0648 \u0627\u062d\u0633\u0627\u0646 \u0647\u0631 \u06a9\u062f\u0627\u0645 \u0627\u0642\u062f\u0627\u0645 \u0628\u0647 \u062e\u0631\u06cc\u062f \u062a\u0648\u06a9\u0646 X \u062f\u0631 \u0642\u06cc\u0645\u062a\u200c\u0647\u0627\u06cc \u0645\u062e\u062a\u0644\u0641 \u0628\u0647 \u0635\u0648\u0631\u062a \u0632\u06cc\u0631 \u06a9\u0631\u062f\u0647\u200c\u0627\u0646\u062f:<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0645\u0647\u0633\u0627<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u062a\u0639\u062f\u0627\u062f \u06f1\u06f0\u06f0 \u062a\u0648\u06a9\u0646 \u062f\u0631 \u0642\u06cc\u0645\u062a \u06f2\u06f2 \u062f\u0644\u0627\u0631<\/li>\n\n\n\n<li>\u062a\u0639\u062f\u0627\u062f \u06f5\u06f0 \u062a\u0648\u06a9\u0646 \u062f\u0631 \u0642\u06cc\u0645\u062a \u06f2\u06f0 \u062f\u0644\u0627\u0631<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u0645\u062d\u0633\u0646<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u062a\u0639\u062f\u0627\u062f \u06f7\u06f0 \u062a\u0648\u06a9\u0646 \u062f\u0631 \u0642\u06cc\u0645\u062a \u06f5\u06f0 \u062f\u0644\u0627\u0631<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u0627\u062d\u0633\u0627\u0646&nbsp;<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u062a\u0639\u062f\u0627\u062f \u06f1\u06f5 \u062a\u0648\u06a9\u0646 \u062f\u0631 \u0642\u06cc\u0645\u062a \u06f2 \u062f\u0644\u0627\u0631<\/li>\n\n\n\n<li>\u062a\u0639\u062f\u0627\u062f \u06f3\u06f0 \u062a\u0648\u06a9\u0646 \u062f\u0631 \u0642\u06cc\u0645\u062a \u06f1\u06f0 \u062f\u0644\u0627\u0631<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u0627\u06a9\u0646\u0648\u0646 \u0642\u06cc\u0645\u062a \u062a\u0648\u06a9\u0646 X \u0628\u0631\u0627\u0628\u0631 \u06f5\u06f0 \u062f\u0644\u0627\u0631 \u0627\u0633\u062a \u0648 \u062d\u062a\u0645\u0627 \u0645\u062a\u0648\u062c\u0647 \u0634\u062f\u0647\u200c\u0627\u06cc\u062f \u06a9\u0647 \u06a9\u0644 \u062a\u0639\u062f\u0627\u062f \u062a\u0648\u06a9\u0646\u200c\u0647\u0627 \u0646\u06cc\u0632 \u06f4\u06f0\u06f0 \u0639\u062f\u062f \u0627\u0633\u062a. \u062d\u0627\u0644 \u0628\u0627 \u062f\u0627\u0646\u0633\u062a\u0646 \u0627\u06cc\u0646 \u0641\u0631\u0636\u06cc\u0627\u062a \u0645\u0627\u0631\u06a9\u062a \u06a9\u067e (Market Cap)\u060c \u0627\u0631\u0632\u0634 \u0645\u062d\u0642\u0642 \u0634\u062f\u0647 (Realized Cap)\u060c \u0642\u06cc\u0645\u062a \u0648\u0627\u0642\u0639\u06cc (Realized Price) \u0648 \u0634\u0627\u062e\u0635 MVRV \u0631\u0627 \u0645\u062d\u0627\u0633\u0628\u0647 \u0645\u06cc\u200c\u06a9\u0646\u06cc\u0645.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u0645\u0627\u0631\u06a9\u062a \u06a9\u067e \u0628\u0631\u0627\u0628\u0631 \u0627\u0633\u062a \u0628\u0627<\/li>\n<\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\">\u062a\u0639\u062f\u0627\u062f \u06a9\u0644 \u062a\u0648\u06a9\u0646\u200c\u0647\u0627 * \u0642\u06cc\u0645\u062a \u0641\u0639\u0644\u06cc = \u06f4\u06f0\u06f0 * \u06f5\u06f0 = \u06f2\u06f0\u06f0\u06f0\u06f0 \u062f\u0644\u0627\u0631<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u0627\u0631\u0632\u0634 \u0645\u062d\u0642\u0642 \u0634\u062f\u0647 \u0628\u0631\u0627\u0628\u0631 \u0627\u0633\u062a \u0628\u0627<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u0645\u062c\u0645\u0648\u0639 \u062a\u0645\u0627\u0645 \u0633\u0631\u0645\u0627\u06cc\u0647\u200c \u0647\u0632\u06cc\u0646\u0647 \u0634\u062f\u0647 \u06a9\u0647 \u0628\u0631\u0627\u0628\u0631 \u0627\u0633\u062a \u0628\u0627 \u06a9\u0644 \u067e\u0648\u0644\u06cc \u06a9\u0647 \u0645\u0647\u0633\u0627\u060c \u0645\u062d\u0633\u0646 \u0648 \u0627\u062d\u0633\u0627\u0646 \u0628\u0631\u0627\u06cc \u062e\u0631\u06cc\u062f \u0627\u06cc\u0646 \u062a\u0648\u06a9\u0646 \u0647\u0632\u06cc\u0646\u0647 \u06a9\u0631\u062f\u0647\u200c\u0627\u0646\u062f.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u06a9\u0644 \u0647\u0632\u06cc\u0646\u0647\u200c\u0627\u06cc \u06a9\u0647 \u0645\u0647\u0633\u0627 \u0628\u0631\u0627\u06cc \u062e\u0631\u06cc\u062f \u062a\u0648\u06a9\u0646 X \u06a9\u0631\u062f\u0647 \u0627\u0633\u062a \u0628\u0631\u0627\u0628\u0631 \u0627\u0633\u062a \u0628\u0627=<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">\u06f1\u06f0\u06f0 * \u06f2\u06f2 + \u06f5\u06f0 * \u06f2\u06f0 = \u06f3\u06f2\u06f0\u06f0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u06a9\u0644 \u0647\u0632\u06cc\u0646\u0647\u200c\u0627\u06cc \u06a9\u0647 \u0645\u062d\u0633\u0646 \u0628\u0631\u0627\u06cc \u062e\u0631\u06cc\u062f \u062a\u0648\u06a9\u0646 X \u06a9\u0631\u062f\u0647 \u0627\u0633\u062a \u0628\u0631\u0627\u0628\u0631 \u0627\u0633\u062a \u0628\u0627=<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">\u06f7\u06f0 * \u06f5\u06f0 = \u06f3\u06f5\u06f0\u06f0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u06a9\u0644 \u0647\u0632\u06cc\u0646\u0647\u200c\u0627\u06cc \u06a9\u0647 \u0627\u062d\u0633\u0627\u0646 \u0628\u0631\u0627\u06cc \u062e\u0631\u06cc\u062f \u062a\u0648\u06a9\u0646 X \u06a9\u0631\u062f\u0647 \u0627\u0633\u062a \u0628\u0631\u0627\u0628\u0631 \u0627\u0633\u062a \u0628\u0627=<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">\u06f1\u06f5\u06f0 * \u06f2 + \u06f3\u06f0 * \u06f1\u06f0 = \u06f6\u06f0\u06f0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u062f\u0631 \u0646\u062a\u06cc\u062c\u0647 \u0627\u0631\u0632\u0634 \u0645\u062d\u0642\u0642 \u0634\u062f\u0647 \u0628\u0631\u0627\u0628\u0631 \u0627\u0633\u062a \u0628\u0627=<\/p>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">Realized Cap = \u06f6\u06f0\u06f0 + \u06f3\u06f5\u06f0\u06f0 + \u06f3\u06f2\u06f0\u06f0 = \u06f7\u06f3\u06f0\u06f0<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u0642\u06cc\u0645\u062a \u0648\u0627\u0642\u0639\u06cc (Realized Price) \u062a\u0648\u06a9\u0646 X \u0628\u0631\u0627\u0628\u0631 \u0627\u0633\u062a \u0628\u0627=<\/li>\n<\/ul>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\"> \u062f\u0644\u0627\u0631 Realized Price = \u06f7\u06f3\u06f0\u06f0 \/ \u06f4\u06f0\u06f0 = \u06f1\u06f8.\u06f2\u06f5<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u0627\u06a9\u0646\u0648\u0646 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646 \u0634\u0627\u062e\u0635 MVRV \u0631\u0627 \u062f\u0631 \u0642\u06cc\u0645\u062a \u0641\u0639\u0644\u06cc (\u06f5\u06f0 \u062f\u0644\u0627\u0631) \u0628\u0647\u200c\u0635\u0648\u0631\u062a \u0632\u06cc\u0631 \u0645\u062d\u0627\u0633\u0628\u0647 \u06a9\u0631\u062f=<\/li>\n<\/ul>\n\n\n\n<p class=\"has-text-align-left wp-block-paragraph\">MVRV= \u06f2\u06f0,\u06f0\u06f0\u06f0 \/ \u06f7\u06f3\u06f0\u06f0 = \u06f2.\u06f7\u06f4<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0639\u062f\u062f\u06cc \u06a9\u0647 MVRV \u0646\u0634\u0627\u0646 \u0645\u06cc\u200c\u062f\u0647\u062f \u0628\u0631\u0627\u0628\u0631 \u06f2.\u06f7\u06f4 \u0627\u0633\u062a\u060c \u06cc\u0639\u0646\u06cc \u0645\u0647\u0633\u0627\u060c \u0645\u062d\u0633\u0646 \u0648 \u0627\u062d\u0633\u0627\u0646 \u0628\u0647 \u0635\u0648\u0631\u062a \u0645\u06cc\u0627\u0646\u06af\u06cc\u0646 \u0647\u0631\u06a9\u062f\u0627\u0645 \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u0634\u0627\u0646 \u06f2.\u06f7\u06f4 \u0628\u0631\u0627\u0628\u0631 \u06cc\u0627 \u06f1\u06f7\u06f4 \u062f\u0631\u0635\u062f \u0631\u0634\u062f \u06a9\u0631\u062f\u0647 \u0627\u0633\u062a.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"%d9%85%d8%b9%d8%a7%d9%85%d9%84%d9%87-%d8%a8%d8%a7-%d8%b4%d8%a7%d8%ae%d8%b5-mvrv-%da%86%da%af%d9%88%d9%86%d9%87-%d8%a7%d8%b3%d8%aa%d8%9f\">\u0645\u0639\u0627\u0645\u0644\u0647 \u0628\u0627 \u0634\u0627\u062e\u0635 MVRV \u0686\u06af\u0648\u0646\u0647 \u0627\u0633\u062a\u061f<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u0647\u0645\u0627\u0646\u200c\u0637\u0648\u0631 \u06a9\u0647 \u0627\u0632 \u0641\u0631\u0645\u0648\u0644 \u0645\u0634\u062e\u0635 \u0627\u0633\u062a\u060c \u0647\u0631 \u0632\u0645\u0627\u0646 \u06a9\u0647 \u0627\u06cc\u0646 \u0634\u0627\u062e\u0635 \u06a9\u0645\u062a\u0631 \u0627\u0632 \u06f1 \u0645\u06cc\u200c\u0634\u0648\u062f\u060c \u0628\u0647 \u0627\u06cc\u0646 \u0645\u0639\u0646\u06cc \u0627\u0633\u062a \u06a9\u0647 \u0645\u0627\u0631\u06a9\u062a \u06a9\u067e \u06a9\u0648\u0686\u06a9\u200c\u062a\u0631 \u0627\u0632 \u0627\u0631\u0632\u0634 \u0648\u0627\u0642\u0639\u06cc \u0628\u0648\u062f\u0647 \u06cc\u0627 \u0642\u06cc\u0645\u062a \u0641\u0639\u0644\u06cc \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u067e\u0627\u06cc\u06cc\u0646\u200c\u062a\u0631 \u0627\u0632 \u0642\u06cc\u0645\u062a \u0648\u0627\u0642\u0639\u06cc \u0622\u0646 \u0627\u0633\u062a. \u0627\u06cc\u0646 \u0645\u0648\u0636\u0648\u0639 \u062f\u0631 \u0627\u0646\u062a\u0647\u0627\u06cc \u062a\u0645\u0627\u0645 <strong>\u0631\u0648\u0646\u062f\u0647\u0627\u06cc \u0646\u0632\u0648\u0644\u06cc \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646<\/strong> \u0645\u0634\u0627\u0647\u062f\u0647 \u0634\u062f\u0647 \u0627\u0633\u062a.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" onerror=\"this.onerror=null;this.srcset='';this.src=https:\/\/blog.pooleno.ir\/wp-content\/themes\/PoolenoBlog\/img\/000-404.png;\" src=\"https:\/\/lh3.googleusercontent.com\/hw1GLna66wwgtRIXaPyeMA061eXmEbudA_r8i1zERIXxFeNy-I25ND0xgGvunVz-45dE4g64uNw85uM0kvs-kxp-NFcuWtrf03IkwzYWIUgC8FQufDCtOEmUzpQPeuATMEiillK3TCikprqfqQXe2QZHrkfIdNfoGFEa5FuJq4pOUKzMKTk_4cqiyhW2kA\" alt=\"\u0645\u0634\u062e\u0635\u200c\u06a9\u0631\u062f\u0646 \u06a9\u0641 \u0642\u06cc\u0645\u062a \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u0628\u0627 \u0634\u0627\u062e\u0635 MVRV\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">\u0627\u0644\u0628\u062a\u0647 \u0628\u0627 \u062f\u0642\u062a \u0628\u0647 \u0646\u0645\u0648\u062f\u0627\u0631 \u0628\u0627\u0644\u0627 \u0645\u062a\u0648\u062c\u0647 \u0645\u06cc\u200c\u0634\u0648\u06cc\u0645 \u06a9\u0647 \u0631\u0633\u06cc\u062f\u0646 MVRV \u0628\u0647 \u0632\u06cc\u0631 \u06f1 \u0628\u0647 \u0645\u0639\u0646\u06cc \u0622\u0646 <strong>\u0646\u06cc\u0633\u062a<\/strong> \u06a9\u0647 \u0642\u0631\u0627\u0631 \u0627\u0633\u062a \u0628\u0647\u200c\u0633\u0631\u0639\u062a <strong>\u0631\u0648\u0646\u062f \u0635\u0639\u0648\u062f\u06cc \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646<\/strong> \u0634\u0631\u0648\u0639 \u0634\u0648\u062f\u060c \u0628\u0644\u06a9\u0647 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646 \u0622\u0646 \u0631\u0627 \u0627\u06cc\u0646\u06af\u0648\u0646\u0647 \u062a\u0641\u0633\u06cc\u0631 \u06a9\u0631\u062f \u06a9\u0647 <strong>\u062e\u0631\u06cc\u062f \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646<\/strong> \u062f\u0631 \u0627\u06cc\u0646 \u0642\u06cc\u0645\u062a\u200c\u0647\u0627 \u0628\u0633\u06cc\u0627\u0631 \u0645\u0646\u0627\u0633\u0628 \u0627\u0633\u062a \u0648 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646 \u0627\u0646\u062a\u0638\u0627\u0631 \u062f\u0627\u0634\u062a \u06a9\u0647 \u067e\u0633 \u0627\u0632 \u06af\u0630\u0634\u062a \u0686\u0646\u062f \u0631\u0648\u0632 \u06cc\u0627 \u062d\u062a\u06cc \u0686\u0646\u062f \u0631\u0648\u0646\u062f \u0635\u0639\u0648\u062f\u06cc \u0622\u063a\u0627\u0632 \u0634\u0648\u062f.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u062f\u0631 MVRV \u0646\u062d\u0648\u0647 \u0645\u0634\u062e\u0635\u200c\u06a9\u0631\u062f\u0646<strong> \u0646\u0627\u062d\u06cc\u0647\u200c\u0647\u0627\u06cc \u062e\u0631\u06cc\u062f<\/strong> \u0628\u0633\u06cc\u0627\u0631 \u0622\u0633\u0627\u0646 \u0628\u0648\u062f\u061b \u0627\u0645\u0627 \u0622\u06cc\u0627 \u0645\u0634\u062e\u0635\u200c\u06a9\u0631\u062f\u0646 <strong>\u0646\u0648\u0627\u062d\u06cc \u0641\u0631\u0648\u0634<\/strong> \u0646\u06cc\u0632 \u0627\u06cc\u0646\u200c\u06af\u0648\u0646\u0647 \u0627\u0633\u062a\u061f \u062f\u0631 \u062d\u0642\u06cc\u0642\u062a \u0628\u0631\u0627\u06cc \u0627\u06cc\u0646 \u06a9\u0627\u0631 \u0646\u0645\u06cc\u200c\u062a\u0648\u0627\u0646 \u0645\u0627\u0646\u0646\u062f \u0646\u0648\u0627\u062d\u06cc \u062e\u0631\u06cc\u062f \u06cc\u06a9 \u0639\u062f\u062f \u062b\u0627\u0628\u062a \u0645\u0634\u062e\u0635 \u06a9\u0631\u062f \u06a9\u0647 \u0647\u0631 \u0632\u0645\u0627\u0646 \u0634\u0627\u062e\u0635 \u0628\u0647 \u0628\u0627\u0644\u0627\u06cc \u0622\u0646 \u0631\u0633\u06cc\u062f \u0622\u0645\u0627\u062f\u0647 \u0641\u0631\u0648\u0634 \u0634\u0648\u06cc\u0645\u061b \u0632\u06cc\u0631\u0627\u060c \u0647\u0645\u0627\u0646\u0637\u0648\u0631 \u06a9\u0647 \u062f\u0631 \u062a\u0635\u0648\u06cc\u0631 \u0632\u06cc\u0631 \u0645\u0634\u062e\u0635 \u0627\u0633\u062a\u060c \u0627\u06cc\u0646 \u0634\u0627\u062e\u0635 \u062f\u0631 \u0647\u0631 \u0633\u06cc\u06a9\u0644 \u0633\u0642\u0641\u200c\u0647\u0627\u06cc \u067e\u0627\u06cc\u06cc\u0646\u200c\u062a\u0631\u06cc \u0631\u0627 \u062b\u0628\u062a \u0645\u06cc\u200c\u06a9\u0646\u062f.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" onerror=\"this.onerror=null;this.srcset='';this.src=https:\/\/blog.pooleno.ir\/wp-content\/themes\/PoolenoBlog\/img\/000-404.png;\" src=\"https:\/\/lh5.googleusercontent.com\/Hm2BUSiLvLUubchKLJxaHY4S4t8MSyRSy_CtT_XysVr96h0rEudEg3HTayAN6aAiOW_eP96HNdyHTjmaWzbNcWnuTls4sibZolMw1VI5xS199AKVCEEb-mRE6Ocxpxu1sUNm217v34wJFwVf5pzpxSku1k42W_k6OwbsiS4l1xa4ta4XvF8dsYZ4NNCemw\" alt=\"\u06a9\u0627\u0647\u0634 \u0634\u0627\u062e\u0635 MVRV \u062f\u0631 \u0647\u0631 \u0686\u0631\u062e\u0647 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">\u06af\u0641\u062a\u06cc\u0645 \u06a9\u0647 \u0627\u06cc\u0646 \u0634\u0627\u062e\u0635 \u0631\u0627 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646 \u0646\u0633\u0628\u062a \u0642\u06cc\u0645\u062a \u0641\u0639\u0644\u06cc \u0628\u0647 \u0642\u06cc\u0645\u062a \u0648\u0627\u0642\u0639\u06cc \u062f\u0627\u0646\u0633\u062a. \u062f\u0631 \u0627\u0646\u062a\u0647\u0627\u06cc \u06cc\u06a9 \u0631\u0648\u0646\u062f \u0635\u0639\u0648\u062f\u06cc \u0642\u06cc\u0645\u062a \u0648 MVRV \u0628\u0627 \u06cc\u06a9\u062f\u06cc\u06af\u0631 \u062f\u0631 \u062d\u0627\u0644 \u0631\u0634\u062f \u0647\u0633\u062a\u0646\u062f\u060c \u0627\u0645\u0627 \u067e\u0633 \u0627\u0632 \u0645\u062f\u062a\u06cc \u0633\u0631\u0639\u062a \u0631\u0634\u062f (\u0634\u06cc\u0628 \u0646\u0645\u0648\u062f\u0627\u0631) MVRV \u0628\u0647\u200c\u0634\u062f\u062a \u0632\u06cc\u0627\u062f \u0645\u06cc\u200c\u0634\u0648\u062f \u06a9\u0647 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646 \u0639\u0644\u062a \u0622\u0646 \u0631\u0627 \u0631\u0634\u062f \u0642\u06cc\u0645\u062a \u062f\u0627\u0646\u0633\u062a. \u0627\u06cc\u0646 \u062f\u0631 \u062d\u0627\u0644\u06cc \u0627\u0633\u062a \u06a9\u0647 Realized Price \u062b\u0627\u0628\u062a \u0645\u06cc\u200c\u0645\u0627\u0646\u062f\u060c \u06cc\u0639\u0646\u06cc \u0627\u0641\u0631\u0627\u062f \u062a\u0645\u0627\u06cc\u0644 \u0628\u0647 \u0641\u0631\u0648\u0634 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627\u06cc \u062e\u0648\u062f \u0646\u062f\u0627\u0631\u0646\u062f. \u062f\u0631 \u0646\u0647\u0627\u06cc\u062a \u067e\u0633 \u0627\u0632 \u0631\u0634\u062f MVRV \u0647\u0648\u0644\u062f\u0631\u0647\u0627 \u0628\u0631\u0627\u06cc \u062f\u0631\u06cc\u0627\u0641\u062a \u0633\u0648\u062f \u0634\u0631\u0648\u0639 \u0628\u0647 \u0641\u0631\u0648\u0634 \u0645\u06cc\u200c\u06a9\u0646\u0646\u062f \u06a9\u0647 \u0628\u0627\u0639\u062b \u0631\u0634\u062f Realized Price \u0648 \u0631\u06cc\u0632\u0634 \u0634\u062f\u06cc\u062f MVRV \u0645\u06cc\u200c\u0634\u0648\u062f\u061b \u0627\u0645\u0627 \u0634\u0627\u0647\u062f \u06a9\u0627\u0647\u0634 \u0634\u062f\u06cc\u062f \u0642\u06cc\u0645\u062a \u0646\u062e\u0648\u0627\u0647\u06cc\u0645 \u0628\u0648\u062f\u060c \u062f\u0631 \u0627\u06cc\u0646 \u0632\u0645\u0627\u0646 \u0627\u0633\u062a \u06a9\u0647 \u0628\u0627\u06cc\u062f \u0628\u0627 \u0627\u0633\u062a\u0631\u0627\u062a\u0698\u06cc \u062e\u0648\u062f \u0628\u0647 \u062f\u0646\u0628\u0627\u0644 \u062e\u0627\u0631\u062c\u200c\u0634\u062f\u0646 \u0627\u0632 \u0628\u0627\u0632\u0627\u0631 \u0628\u0627\u0634\u06cc\u0645.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" onerror=\"this.onerror=null;this.srcset='';this.src=https:\/\/blog.pooleno.ir\/wp-content\/themes\/PoolenoBlog\/img\/000-404.png;\" src=\"https:\/\/lh6.googleusercontent.com\/MCMQgBbdHSmWErLpADBLkkHOuINPQCyc0mdyHklqPS0E5D3Kz2NKeO_ePkAYMo8SzhEkmt7ekubJvdGUPX0wmt1kkrbBDfCp3hXxuNIm7F-xRBc4cvQ8kmDV3sAZ_bzqgBgTdjAU84NOs5EFFPJyLjlOH1qCcn6pG3hvrjGeUO6UxYTweSnEm2Vtli7IBA\" alt=\"\u0646\u062d\u0648\u0647 \u0645\u0634\u062e\u0635\u200c\u06a9\u0631\u062f\u0646 \u0646\u0627\u062d\u06cc\u0647 \u0641\u0631\u0648\u0634 \u0628\u0647\u200c\u0648\u0633\u06cc\u0644\u0647 \u0634\u0627\u062e\u0635 MVRV\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">\u0627\u06af\u0631 \u0628\u0647 \u062a\u0645\u0627\u0645 <strong>\u0633\u06cc\u06a9\u0644\u200c\u0647\u0627\u06cc \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646<\/strong> \u062a\u0648\u062c\u0647 \u062f\u0627\u0634\u062a\u0647 \u0628\u0627\u0634\u06cc\u062f \u0627\u06cc\u0646 \u0641\u0631\u0627\u06cc\u0646\u062f\u060c \u06cc\u0639\u0646\u06cc \u0631\u0634\u062f \u0633\u0631\u06cc\u0639 \u0642\u06cc\u0645\u062a \u0648 MVRV \u0648 \u067e\u0633 \u0627\u0632 \u0645\u062f\u062a\u06cc \u0631\u06cc\u0632\u0634 \u0634\u062f\u06cc\u062f MVRV \u062f\u0631 \u062a\u0645\u0627\u0645 \u0686\u0631\u062e\u0647\u200c\u0647\u0627 \u062a\u06a9\u0631\u0627\u0631 \u0634\u062f\u0647 \u0627\u0633\u062a. \u067e\u0633 \u0628\u0647\u062a\u0631 \u0627\u0633\u062a \u06a9\u0647 \u062f\u0631 \u0632\u0645\u0627\u0646\u06cc \u06a9\u0647 \u0627\u06cc\u0646 \u0634\u0627\u062e\u0635 \u0628\u0627 \u0634\u06cc\u0628 \u062a\u0646\u062f\u06cc \u062f\u0631 \u062d\u0627\u0644 \u0635\u0639\u0648\u062f \u0627\u0633\u062a \u06af\u0648\u0634 \u0628\u0647 \u0632\u0646\u06af \u0628\u0627\u0634\u06cc\u0645 \u062a\u0627\u062f\u0631 \u0632\u0645\u0627\u0646 \u0645\u0646\u0627\u0633\u0628 \u0628\u0631 \u0627\u0633\u0627\u0633 \u0627\u0633\u062a\u0631\u0627\u062a\u0698\u06cc \u062e\u0648\u062f \u0627\u0632 \u0628\u0627\u0632\u0627\u0631 \u062e\u0627\u0631\u062c \u0634\u0648\u06cc\u0645.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" onerror=\"this.onerror=null;this.srcset='';this.src=https:\/\/blog.pooleno.ir\/wp-content\/themes\/PoolenoBlog\/img\/000-404.png;\" src=\"https:\/\/lh4.googleusercontent.com\/OiuF55sfAOAUe2hV5XQ2cd-yDibsFfa-p6fgBfFIdusnxqFKKJd6ce08cSt2OemK4i-wQ5QxIwqJcJrxQcdk9H7jHHsyh7aYo8u4XE4PcUfzvvvOdh_L21ARtaqPd7X0dpL-p8YuGzX8-r6qpLbPQoDL4QJ3wJyF8LljeTspyQL7U0bIoDo1JHRr3SliJg\" alt=\"\u0631\u0634\u062f \u0634\u0627\u062e\u0635 MVRV \u062f\u0631 \u0627\u0646\u062a\u0647\u0627\u06cc \u062a\u0645\u0627\u0645 \u0631\u0648\u0646\u062f\u0647\u0627\u06cc \u0635\u0639\u0648\u062f\u06cc \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">\u062d\u0627\u0644 \u06a9\u0647 \u0628\u0627 \u0646\u062d\u0648\u0647 \u0633\u06cc\u06af\u0646\u0627\u0644\u200c\u06af\u06cc\u0631\u06cc \u0627\u0632 MVRV \u0622\u0634\u0646\u0627 \u0634\u062f\u06cc\u062f\u060c \u0628\u0647 \u0633\u0631\u0627\u063a \u0628\u0631\u0631\u0633\u06cc \u0686\u0646\u062f \u0634\u0627\u062e\u0635\u06cc \u0645\u06cc\u200c\u0631\u0648\u06cc\u0645 \u06a9\u0647 \u0627\u0632 \u0622\u0646 \u0645\u0634\u062a\u0642 \u0634\u062f\u0647\u200c\u0627\u0646\u062f:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>MVRV-Z&nbsp;<\/li>\n\n\n\n<li>LTH-MVRV<\/li>\n\n\n\n<li>STH-MVRV<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"%d8%b4%d8%a7%d8%ae%d8%b5-mvrv-z-%da%86%db%8c%d8%b3%d8%aa%d8%9f\">\u0634\u0627\u062e\u0635 MVRV-Z \u0686\u06cc\u0633\u062a\u061f<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u0634\u0627\u062e\u0635 MVRV-Z \u0627\u0632 \u0646\u0633\u0628\u062a \u0627\u062e\u062a\u0644\u0627\u0641 <strong>\u0645\u0627\u0631\u06a9\u062a \u06a9\u067e (Market Cap)<\/strong> \u0648 <strong>\u0631\u06cc\u0644\u0627\u06cc\u0632 \u06a9\u067e (Realized Cap)<\/strong> \u0628\u0631 \u0627\u0646\u062d\u0631\u0627\u0641 \u0645\u0639\u06cc\u0627\u0631 \u0645\u0627\u0631\u06a9\u062a \u06a9\u067e \u0628\u0647 \u0648\u062c\u0648\u062f \u0645\u06cc\u200c\u0622\u06cc\u062f.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" onerror=\"this.onerror=null;this.srcset='';this.src=https:\/\/blog.pooleno.ir\/wp-content\/themes\/PoolenoBlog\/img\/000-404.png;\" src=\"https:\/\/lh3.googleusercontent.com\/TVhBgz9CjBgq0bpVpAgtgUAn0EIrXtkrmJ6BWVw_ipuBvtVm5Clr7ejPTQ77WMUDBiyeIB6RcfY0clKb_ufp_SInzprntheNw3kbwM7v6N028lzIuJCf44kLvy81QHVHtCp-QrzTfxhu0lzpoYBPNb-LSrxgQljnTAJutJV9FkpUN06pfWT49k_IhOBlgQ\" alt=\"\u0646\u062d\u0648\u0647 \u0645\u062d\u0627\u0633\u0628\u0647 \u0634\u0627\u062e\u0635 MVRV-Z\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">\u0634\u0627\u062e\u0635 MVRV \u062f\u0631 \u0628\u0627\u0632\u0647 \u0635\u0641\u0631 \u062a\u0627 \u0645\u062b\u0628\u062a \u0628\u06cc\u200c\u0646\u0647\u0627\u06cc\u062a \u062d\u0631\u06a9\u062a \u0645\u06cc\u200c\u06a9\u0646\u062f\u061b \u0627\u0645\u0627 \u0634\u0627\u062e\u0635 MVRV-Z \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u062f\u060c \u06cc\u06a9 \u0639\u062f\u062f \u0645\u0646\u0641\u06cc \u0646\u06cc\u0632 \u0628\u0627\u0634\u062f. \u0627\u06cc\u0646 \u062f\u0648 \u0634\u0627\u062e\u0635 \u0622\u0646\u0686\u06cc\u0646 \u0628\u0633\u06cc\u0627\u0631 \u0628\u0647 \u0647\u0645 \u0634\u0628\u06cc\u0647 \u0647\u0633\u062a\u0646\u062f.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" onerror=\"this.onerror=null;this.srcset='';this.src=https:\/\/blog.pooleno.ir\/wp-content\/themes\/PoolenoBlog\/img\/000-404.png;\" src=\"https:\/\/lh3.googleusercontent.com\/kUGsXEs-Ki5gEmFwKIHnHs-HdtdFz4hj1XNMHurrdKF-J0oc2CqYdiZKdF1DQ0EnjnoLRHvx5MMdqpQQqZ0oNxRb2I6y5MlRCjwQmaeiUqAf1tz0D9uwehPaSciNhiX25NnKw6X_2QfF7I7qDIlQ2M1TBTRYtkjfSHbXg4Ex50YkIrQom-Sa_P-Bg3TFxg\" alt=\"\u0645\u0642\u0627\u06cc\u0633\u0647 \u062f\u0648 \u0634\u0627\u062e\u0635 MVRV \u0648 MVRV-Z Score\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">\u062f\u0631 \u062a\u0635\u0648\u06cc\u0631 \u0628\u0627\u0644\u0627 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u06cc\u062f \u062f\u0648 \u0634\u0627\u062e\u0635 MVRV \u0648 MVRV-Z Score \u0631\u0627 \u062f\u0631 \u06a9\u0646\u0627\u0631 \u0647\u0645 \u0645\u0634\u0627\u0647\u062f\u0647 \u06a9\u0646\u06cc\u062f.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"%d8%b4%d8%a7%d8%ae%d8%b5-lth-mvrv-%da%86%db%8c%d8%b3%d8%aa%d8%9f\">\u0634\u0627\u062e\u0635 LTH-MVRV \u0686\u06cc\u0633\u062a\u061f<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u0634\u0627\u062e\u0635 LTH-MVRV \u06cc\u06a9 \u0634\u0627\u062e\u0635 \u062f\u06cc\u06af\u0631 \u0622\u0646\u0686\u06cc\u0646 \u0627\u0633\u062a \u06a9\u0647 \u0627\u0632 MVRV \u0645\u0634\u062a\u0642 \u0634\u062f\u0647 \u0627\u0633\u062a. \u062f\u0631 \u0627\u06cc\u0646 \u0627\u0646\u062f\u06cc\u06a9\u0627\u062a\u0648\u0631 \u062a\u0645\u0627\u0645 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627\u06cc \u0645\u0648\u062c\u0648\u062f \u062f\u0631 \u0634\u0628\u06a9\u0647 \u062f\u0631 \u0645\u062d\u0627\u0633\u0628\u0627\u062a \u0642\u0631\u0627\u0631 \u0646\u0645\u06cc\u200c\u06af\u06cc\u0631\u0646\u062f \u0648 \u0641\u0642\u0637 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627\u06cc\u06cc (UTXO\u0647\u0627\u06cc\u06cc) \u0631\u0627 \u06a9\u0647 \u0628\u06cc\u0634 \u0627\u0632 \u06f1\u06f5\u06f5 \u0631\u0648\u0632 \u0627\u0632 \u0639\u0645\u0631 \u0622\u0646\u0647\u0627 \u06af\u0630\u0634\u062a\u0647\u060c \u0644\u062d\u0627\u0638 \u0645\u06cc\u200c\u06a9\u0646\u06cc\u0645\u061b \u0628\u0647 \u0628\u06cc\u0627\u0646 \u062f\u06cc\u06af\u0631 LTH-MVRV \u0628\u0631\u0627\u06cc <strong>\u0647\u0648\u0644\u062f\u0631\u0647\u0627\u06cc \u0628\u0644\u0646\u062f \u0645\u062f\u062a<\/strong> \u0645\u062d\u0627\u0633\u0628\u0647 \u0645\u06cc\u200c\u0634\u0648\u062f.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" onerror=\"this.onerror=null;this.srcset='';this.src=https:\/\/blog.pooleno.ir\/wp-content\/themes\/PoolenoBlog\/img\/000-404.png;\" src=\"https:\/\/lh5.googleusercontent.com\/wlfuhCTrUVrvPGIfexo77z02uS7onSvyBr6BTM8OspGKPCkD8gZAZw5C8JGU3yeGS0QCwNmwsJJtd_GbKXdkFpt0W-pOZWj6to8oYGjXO3_f3eZiRn30xUtvc3hTBHnXt8Ti5vRw6xLNhQ6indirIPJtR4EzZ2BF8JjiSIF2Y3aZN_5_Lgy89i4C__wvJA\" alt=\"\u0646\u062d\u0648\u0647 \u0645\u062d\u0627\u0633\u0628\u0647 \u0634\u0627\u062e\u0635 LTH-MVRV\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">\u0647\u0648\u0644\u062f\u0631\u0647\u0627\u06cc \u0628\u0644\u0646\u062f \u0645\u062f\u062a \u0647\u0645\u0648\u0627\u0631\u0647 \u062f\u0631 \u0628\u0627\u0632\u0627\u0631 \u06a9\u0631\u06cc\u067e\u062a\u0648\u06a9\u0627\u0631\u0646\u0633\u06cc \u0639\u0645\u0644\u06a9\u0631\u062f \u0628\u0647\u062a\u0631\u06cc \u062f\u0627\u0634\u062a\u0647\u200c\u0627\u0646\u062f\u060c \u0628\u0647 \u0647\u0645\u06cc\u0646 \u062f\u0644\u06cc\u0644 \u0627\u06af\u0631 \u0642\u0635\u062f \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u06cc \u0628\u0644\u0646\u062f \u0645\u062f\u062a \u062f\u0627\u0631\u06cc\u062f\u060c \u0628\u0627\u06cc\u062f \u0647\u0645\u0648\u0627\u0631\u0647 \u0627\u06cc\u0646 \u06af\u0631\u0648\u0647 \u0631\u0627 \u0632\u06cc\u0631 \u0646\u0638\u0631 \u062f\u0627\u0634\u062a\u0647 \u0628\u0627\u0634\u06cc\u062f.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" onerror=\"this.onerror=null;this.srcset='';this.src=https:\/\/blog.pooleno.ir\/wp-content\/themes\/PoolenoBlog\/img\/000-404.png;\" src=\"https:\/\/lh6.googleusercontent.com\/8n0u6zm4Btn-Zufm5lGacrbcoMA9P8OJbvOQHUwwKbzUYEx-9DUfmDhoIEH1UJVKl40K4tzEhoD3thcomhkh_exwbmnRBY5v5kZ8mKE-t19cg1uGiIX022XRSCqehuv0ZgkWNeBLJ70Ala_LheXI6FXh7fw2vT92D-e0ziWx9SGvpYOEqdsnAn0YrmHEKA\" alt=\"\u0646\u0645\u0648\u062f\u0627\u0631 LTH-MVRV\"\/><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">\u0628\u0631\u0631\u0633\u06cc \u0634\u0627\u062e\u0635 MVRV \u0648 LTH-MVRV \u0628\u0647 \u0634\u0645\u0627 \u0633\u06cc\u06af\u0646\u0627\u0644\u200c\u0647\u0627\u06cc \u0628\u0644\u0646\u062f \u0645\u062f\u062a \u0645\u06cc\u200c\u062f\u0647\u062f \u0628\u0647\u200c\u0637\u0648\u0631\u06cc \u06a9\u0647 \u062f\u0631 \u06f1\u06f2 \u0633\u0627\u0644\u06cc \u06a9\u0647 \u0627\u0632 \u0639\u0645\u0631 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u0645\u06cc\u200c\u06af\u0630\u0631\u062f \u0628\u0647 \u0634\u0645\u0627 \u06f4 \u0627\u0644\u06cc \u06f5 \u0633\u06cc\u06af\u0646\u0627\u0644 \u062e\u0631\u06cc\u062f \u062f\u0627\u062f\u0647 \u0627\u0633\u062a\u060c \u0627\u0645\u0627 \u0647\u0645\u06cc\u0646 \u062a\u0639\u062f\u0627\u062f \u0633\u06cc\u06af\u0646\u0627\u0644 \u0628\u0627\u0639\u062b \u0645\u06cc\u200c\u0634\u062f\u0647 \u06a9\u0647 \u0633\u0631\u0645\u0627\u06cc\u0647 \u0634\u0645\u0627 \u0628\u06cc\u0634 \u0627\u0632 \u06f1\u06f0\u06f0\u06f0 \u0628\u0631\u0627\u0628\u0631 \u0634\u0648\u062f.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">   <div class=\"custom_related_holder\">\n        <div class=\"crh_img\">\n        <lottie-player src=\"https:\/\/pooleno.ir\/blog\/wp-content\/themes\/PoolenoBlog\/dist\/animation\/glass1.json\" background=\"transparent\" speed=\"1\" autoplay=\"\" loop=\"\"><\/lottie-player>\n<\/div>\n        <div class=\"crh_text\">\n            <span>\u062d\u062a\u0645\u0627 \u0628\u062e\u0648\u0627\u0646\u06cc\u062f:<\/span>\n           <a href=\"https:\/\/pooleno.ir\/blog\/what-is-ico\/\"><p>\u0639\u0631\u0636\u0647 \u0627\u0648\u0644\u06cc\u0647 \u06a9\u0648\u06cc\u0646 \u06cc\u0627 ico \u0686\u06cc\u0633\u062a\u061f \u0686\u06af\u0648\u0646\u0647 \u0627\u0632 \u0627\u06cc\u0646 \u0637\u0631\u06cc\u0642 \u0633\u0631\u0645\u0627\u06cc\u0647 \u062c\u0630\u0628 \u0645\u06cc\u200c\u0634\u0648\u062f\u061f<\/p><\/a> \n        <\/div>\n        <i class=\"crh_icon\"><\/i>\n    <\/div>\n<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"%d8%b4%d8%a7%d8%ae%d8%b5-sth-mvrv-%da%86%db%8c%d8%b3%d8%aa%d8%9f\">\u0634\u0627\u062e\u0635 STH-MVRV \u0686\u06cc\u0633\u062a\u061f<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">STH-MVRV \u0645\u062e\u0641\u0641 \u0639\u0628\u0627\u0631\u062a Short Term Holder MVRV \u0627\u0633\u062a \u06a9\u0647 \u062f\u0631 \u0622\u0646 \u0641\u0642\u0637 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646\u200c\u0647\u0627 \u06cc\u0627 \u0647\u0645\u0627\u0646 UTXO\u0647\u0627\u06cc\u06cc \u0644\u062d\u0627\u0638 \u0645\u06cc\u200c\u0634\u0648\u062f \u06a9\u0647 \u0639\u0645\u0631\u06cc \u06a9\u0645\u062a\u0631 \u0627\u0632 \u06f1\u06f5\u06f5 \u0631\u0648\u0632 \u062f\u0627\u0634\u062a\u0647 \u0628\u0627\u0634\u0646\u062f. \u0628\u0631\u0631\u0633\u06cc STH-MVRV \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u062f\u060c \u062f\u0631 \u062a\u062d\u0644\u06cc\u0644\u200c\u0647\u0627\u06cc \u06a9\u0648\u062a\u0627\u0647 \u0645\u062f\u062a \u0628\u0633\u06cc\u0627\u0631 \u06a9\u0645\u06a9\u200c\u06a9\u0646\u0646\u062f\u0647 \u0628\u0627\u0634\u062f.\u00a0<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-full\"><picture><source srcset=\"https:\/\/blog.pooleno.ir\/wp-content\/webp-express\/webp-images\/uploads\/2023\/06\/pasted-image-0.png.webp 780w, https:\/\/blog.pooleno.ir\/wp-content\/webp-express\/webp-images\/uploads\/2023\/06\/pasted-image-0-300x41.png.webp 300w, https:\/\/blog.pooleno.ir\/wp-content\/webp-express\/webp-images\/uploads\/2023\/06\/pasted-image-0-768x104.png.webp 768w, https:\/\/blog.pooleno.ir\/wp-content\/webp-express\/webp-images\/uploads\/2023\/06\/pasted-image-0-200x27.png.webp 200w\" sizes=\"auto, (max-width: 780px) 100vw, 780px\" type=\"image\/webp\"><img loading=\"lazy\" decoding=\"async\" width=\"780\" height=\"106\" onerror=\"this.onerror=null;this.srcset='';this.src=https:\/\/blog.pooleno.ir\/wp-content\/themes\/PoolenoBlog\/img\/000-404.png;\" src=\"https:\/\/blog.pooleno.ir\/wp-content\/uploads\/2023\/06\/pasted-image-0.png\" alt=\"\u0634\u0627\u062e\u0635 STH-MVRV\" class=\"wp-image-26435 webpexpress-processed\" srcset=\"https:\/\/blog.pooleno.ir\/wp-content\/uploads\/2023\/06\/pasted-image-0.png 780w, https:\/\/blog.pooleno.ir\/wp-content\/uploads\/2023\/06\/pasted-image-0-300x41.png 300w, https:\/\/blog.pooleno.ir\/wp-content\/uploads\/2023\/06\/pasted-image-0-768x104.png 768w, https:\/\/blog.pooleno.ir\/wp-content\/uploads\/2023\/06\/pasted-image-0-200x27.png 200w\" sizes=\"auto, (max-width: 780px) 100vw, 780px\"><\/picture><\/figure>\n<\/div>\n\n\n<p class=\"wp-block-paragraph\">\u062f\u0631 \u0641\u0631\u0645\u0648\u0644 \u0628\u0627\u0644\u0627 \u0645\u06cc\u200c\u062a\u0648\u0627\u0646\u06cc\u062f \u0646\u062d\u0648\u0647 \u0645\u062d\u0627\u0633\u0628\u0647 \u0627\u06cc\u0646 \u0634\u0627\u062e\u0635 \u0631\u0627 \u0645\u0634\u0627\u0647\u062f\u0647 \u06a9\u0646\u06cc\u062f.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter\"><img decoding=\"async\" onerror=\"this.onerror=null;this.srcset='';this.src=https:\/\/blog.pooleno.ir\/wp-content\/themes\/PoolenoBlog\/img\/000-404.png;\" src=\"https:\/\/lh6.googleusercontent.com\/L6o5vhweyVvChXNv2_c2-qk6PBHZFsPjMD58-0Yu9OEU5lGMS43cM828sFWIDxHbaZzbX2lJsRIAhS3jLdy2mx4D1bMhI8bGyp640p7UUA4ATLlgVSej1m1uFUInFHcqTTfWBANfKZ0-0FQaBWoiW6CjtpdU8TcvkwYUS8IV2krFHu-_QU3PLyP25BXjJQ\" alt=\"\u0634\u0627\u062e\u0635 STH-MVRV\"\/><\/figure>\n<\/div>\n\n\n<h2 class=\"wp-block-heading\" id=\"%da%86%d9%87-%d8%b3%d8%a7%db%8c%d8%aa%d9%87%d8%a7%db%8c%db%8c-%d8%b4%d8%a7%d8%ae%d8%b5-mvrv-%d8%b1%d8%a7-%d8%a8%d9%87%d8%b5%d9%88%d8%b1%d8%aa-%d8%b1%d8%a7%db%8c%da%af%d8%a7%d9%86\">\u0686\u0647 \u0633\u0627\u06cc\u062a\u200c\u0647\u0627\u06cc\u06cc \u0634\u0627\u062e\u0635 MVRV \u0631\u0627 \u0628\u0647\u200c\u0635\u0648\u0631\u062a \u0631\u0627\u06cc\u06af\u0627\u0646 \u0627\u0631\u0627\u0626\u0647 \u0645\u06cc\u200c\u062f\u0647\u0646\u062f\u061f<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">\u0627\u06af\u0631 \u062a\u0627 \u0628\u0647 \u0627\u06cc\u0646\u062c\u0627\u06cc \u0645\u0642\u0627\u0644\u0647 \u0628\u0627 \u0645\u0627 \u0647\u0645\u0631\u0627\u0647 \u0628\u0648\u062f\u0647\u200c\u0627\u06cc\u062f\u060c \u062d\u062a\u0645\u0627 \u0627\u0632 \u062e\u0648\u062f \u062e\u0648\u0627\u0647\u06cc\u062f \u067e\u0631\u0633\u06cc\u062f \u06a9\u0647 \u0627\u0632 \u06a9\u062f\u0627\u0645 \u0633\u0627\u06cc\u062a \u0645\u06cc\u200c\u062a\u0648\u0627\u0646 \u0628\u0647 MVRV \u062f\u0633\u062a\u0631\u0633\u06cc \u062f\u0627\u0634\u062a\u061f \u0627\u06a9\u062b\u0631 \u0633\u0627\u06cc\u062a\u200c\u0647\u0627\u06cc\u06cc \u06a9\u0647 \u062f\u0627\u062f\u0647\u200c\u0647\u0627\u06cc \u0622\u0646\u0686\u06cc\u0646 \u0631\u0627 \u0627\u0631\u0627\u0626\u0647 \u0645\u06cc\u200c\u06a9\u0646\u0646\u062f\u060c \u0631\u0627\u06cc\u06af\u0627\u0646 \u0646\u06cc\u0633\u062a\u0646\u062f\u061b \u0627\u0645\u0627 \u0645\u0627 \u062f\u0631 \u0627\u06cc\u0646 \u0628\u062e\u0634 \u0633\u0627\u06cc\u062a\u200c\u0647\u0627\u06cc\u06cc \u0631\u0627 \u0628\u0647 \u0634\u0645\u0627 \u0639\u0632\u06cc\u0632\u0627\u0646 \u0645\u0639\u0631\u0641\u06cc \u0645\u06cc\u200c\u06a9\u0646\u06cc\u0645 \u06a9\u0647 \u0628\u062a\u0648\u0627\u0646\u06cc\u062f \u0628\u0647\u200c\u0635\u0648\u0631\u062a \u0631\u0627\u06cc\u06af\u0627\u0646 \u0628\u0647 \u0634\u0627\u062e\u0635 MVRV \u062f\u0633\u062a\u0631\u0633\u06cc \u062f\u0627\u0634\u062a\u0647 \u0628\u0627\u0634\u06cc\u062f.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><a href=\"https:\/\/chainexposed.com\/MVRV.html\" target=\"_blank\" rel=\"noreferrer noopener\">\u0633\u0627\u06cc\u062a Chainexposed<\/a> \u0634\u0627\u062e\u0635 MVRV \u0631\u0627 \u0628\u0647 \u0635\u0648\u0631\u062a \u0631\u0627\u06cc\u06af\u0627\u0646 \u0628\u0627 \u0633\u0647 \u0631\u0648\u0632 \u062a\u0627\u062e\u06cc\u0631 \u062f\u0631 \u0627\u062e\u062a\u06cc\u0627\u0631 \u06a9\u0627\u0631\u0628\u0631\u0627\u0646 \u062e\u0648\u062f \u0642\u0631\u0627\u0631 \u0645\u06cc\u200c\u062f\u0647\u062f \u06a9\u0647 \u0628\u0627 \u062a\u0648\u062c\u0647 \u0628\u0647 \u0633\u06cc\u06af\u0646\u0627\u0644\u200c\u0647\u0627\u06cc \u0628\u0644\u0646\u062f \u0645\u062f\u062a\u06cc \u06a9\u0647 \u0627\u06cc\u0646 \u0634\u0627\u062e\u0635 \u0627\u0631\u0627\u0626\u0647 \u0645\u06cc\u200c\u06a9\u0646\u062f\u060c \u0627\u06cc\u0646 \u062a\u0627\u062e\u06cc\u0631 \u062a\u0627\u062b\u06cc\u0631 \u062e\u06cc\u0644\u06cc \u0632\u06cc\u0627\u062f\u06cc \u0646\u062e\u0648\u0627\u0647\u062f \u062f\u0627\u0634\u062a.<\/li>\n\n\n\n<li><a href=\"https:\/\/charts.coinmetrics.io\/network-data\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u0633\u0627\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u0645\u062a\u0631\u06cc\u06a9 (Coinmetrics)<\/a> \u0646\u06cc\u0632 MVRV \u0631\u0627 \u062f\u0631 \u0628\u06cc\u0646 \u0634\u0627\u062e\u0635\u200c\u0647\u0627\u06cc \u0622\u0646\u0686\u06cc\u0646\u06cc \u06a9\u0647 \u0628\u0647 \u0635\u0648\u0631\u062a \u0631\u0627\u06cc\u06af\u0627\u0646 \u0627\u0631\u0627\u0626\u0647 \u0645\u06cc\u200c\u062f\u0647\u062f \u0637\u0628\u0642\u0647 \u0628\u0646\u062f\u06cc \u06a9\u0631\u062f\u0647 \u0627\u0633\u062a\u060c \u0627\u06cc\u0646 \u0634\u0627\u062e\u0635\u200c\u0647\u0627 \u0628\u0627 \u06cc\u06a9 \u0631\u0648\u0632 \u062a\u0627\u062e\u06cc\u0631 \u0646\u0645\u0627\u06cc\u0634 \u062f\u0627\u062f\u0647 \u0645\u06cc\u200c\u0634\u0648\u0646\u062f.<\/li>\n\n\n\n<li>\u0648\u06cc\u0644\u06cc \u0648\u0648 (Willy Woo) \u062f\u0631 <a href=\"http:\/\/charts.woobull.com\/bitcoin-mvrv-ratio\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u0633\u0627\u06cc\u062a (woobull)<\/a> \u062a\u0639\u062f\u0627\u062f\u06cc \u0627\u0632 \u0627\u0646\u062f\u06cc\u06a9\u0627\u062a\u0648\u0631\u0647\u0627\u06cc \u0622\u0646\u0686\u06cc\u0646 \u0631\u0627 \u0628\u0647 \u0635\u0648\u0631\u062a \u0631\u0627\u06cc\u06af\u0627\u0646 \u0627\u0631\u0627\u0626\u0647 \u0645\u06cc\u200c\u062f\u0647\u062f \u06a9\u0647 MVRV \u0646\u06cc\u0632 \u062c\u0632\u0648 \u0622\u0646\u200c\u0647\u0627 \u0627\u0633\u062a.<\/li>\n\n\n\n<li><a href=\"https:\/\/www.lookintobitcoin.com\/charts\/mvrv-zscore\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u0633\u0627\u06cc\u062a Lookintobitcoin<\/a> \u0646\u06cc\u0632 \u062f\u0648 \u0634\u0627\u062e\u0635 MVRV \u0648 MVRV Z \u0631\u0627 \u0628\u0647 \u0635\u0648\u0631\u062a \u0631\u0627\u06cc\u06af\u0627\u0646 \u0648 \u0628\u0627 \u062a\u0627\u062e\u06cc\u0631\u06cc \u06cc\u06a9 \u0631\u0648\u0632\u0647 \u0646\u0645\u0627\u06cc\u0634 \u0645\u06cc\u200c\u062f\u0647\u062f.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>\u062c\u0645\u0639\u200c\u0628\u0646\u062f\u06cc<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u0628\u0631\u0631\u0633\u06cc \u062f\u0627\u062f\u0647\u200c\u0647\u0627\u06cc \u0622\u0646\u0686\u06cc\u0646 \u062f\u06cc\u062f \u0645\u062a\u0641\u0627\u0648\u062a\u06cc \u0628\u0647 \u0645\u0639\u0627\u0645\u0644\u0647\u200c\u06af\u0631\u0627\u0646 \u0648 \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u0627\u0646 \u0646\u0633\u0628\u062a \u0628\u0647 \u0645\u0627\u0631\u06a9\u062a \u06a9\u0631\u06cc\u067e\u062a\u0648 \u0648 \u0645\u062e\u0635\u0648\u0635\u0627 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u0645\u06cc\u200c\u062f\u0647\u062f. \u062f\u0631 \u0627\u06cc\u0646 \u0645\u0642\u0627\u0644\u0647 \u0633\u0639\u06cc \u06a9\u0631\u062f\u06cc\u0645 MVRV \u06a9\u0647 \u06cc\u06a9\u06cc \u0627\u0632 \u062c\u0630\u0627\u0628\u200c\u062a\u0631\u06cc\u0646 \u0634\u0627\u062e\u0635\u200c\u0647\u0627\u06cc \u0622\u0646\u0686\u06cc\u0646 \u0627\u0633\u062a \u0631\u0627 \u0645\u0648\u0631\u062f \u0628\u0631\u0631\u0633\u06cc \u0642\u0631\u0627\u0631 \u062f\u0647\u06cc\u0645. \u0647\u0645\u0627\u0646\u200c\u0637\u0648\u0631 \u06a9\u0647 \u062f\u0631 \u062a\u0635\u0627\u0648\u06cc\u0631 \u0627\u06cc\u0646 \u0645\u0642\u0627\u0644\u0647 \u0645\u0634\u062e\u0635 \u0627\u0633\u062a \u062f\u0631 \u062d\u0627\u0644 \u062d\u0627\u0636\u0631 \u0634\u0627\u062e\u0635 MVRV \u0628\u0647 \u0632\u06cc\u0631 \u0639\u062f\u062f \u06cc\u06a9 \u0631\u0633\u06cc\u062f\u0647 \u0627\u0633\u062a. \u0622\u06cc\u0627 \u0628\u0627 \u062a\u0648\u062c\u0647 \u0628\u0647 \u0627\u06cc\u0646 \u0645\u0648\u0636\u0648\u0639 \u062d\u0627\u0636\u0631\u06cc\u062f \u06a9\u0647 \u0645\u0642\u062f\u0627\u0631\u06cc \u0627\u0632 \u0633\u0631\u0645\u0627\u06cc\u0647 \u062e\u0648\u062f \u0631\u0627 \u062f\u0631 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u0633\u0631\u0645\u0627\u06cc\u0647\u200c\u06af\u0630\u0627\u0631\u06cc \u06a9\u0646\u06cc\u062f\u061f<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u062f\u0631 \u067e\u0627\u06cc\u0627\u0646 \u0628\u0627\u06cc\u062f \u0628\u06af\u0648\u06cc\u0645 \u06a9\u0647 \u0645\u0627 \u062f\u0631 \u0628\u0644\u0627\u06af \u067e\u0648\u0644 \u0646\u0648 \u0647\u0631 \u0647\u0641\u062a\u0647 \u06cc\u06a9 <a href=\"https:\/\/pooleno.ir\/blog\/on-chain-analysis\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u062a\u062d\u0644\u06cc\u0644 \u0622\u0646\u0686\u06cc\u0646 \u0627\u062e\u062a\u0635\u0627\u0635\u06cc<\/a> \u0645\u0646\u062a\u0634\u0631 \u0648 \u062f\u0631 \u0622\u0646 \u0628\u0647 \u0628\u0631\u0631\u0633\u06cc <strong>\u0634\u0631\u0627\u06cc\u0637 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646<\/strong> \u0648 \u062f\u06cc\u06af\u0631 \u0627\u0631\u0632\u0647\u0627\u06cc \u062f\u06cc\u062c\u06cc\u062a\u0627\u0644 \u0645\u06cc\u200c\u067e\u0631\u062f\u0627\u0632\u06cc\u0645\u060c \u0627\u06af\u0631 \u0642\u0635\u062f \u062f\u0627\u0631\u06cc\u062f \u06a9\u0647 \u0628\u06cc\u0634\u062a\u0631 \u062f\u0631 \u0645\u0648\u0631\u062f \u0634\u0631\u0627\u06cc\u0637 \u0628\u0627\u0632\u0627\u0631 \u06a9\u0631\u06cc\u067e\u062a\u0648 \u0628\u062f\u0627\u0646\u06cc\u062f\u060c \u0627\u06cc\u0646 \u062a\u062d\u0644\u06cc\u0644\u200c \u0631\u0627 \u0627\u0632 \u062f\u0633\u062a \u0646\u062f\u0647\u06cc\u062f.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u0634\u0627\u06cc\u062f \u062a\u0627\u0628\u0647\u200c\u062d\u0627\u0644 \u067e\u06cc\u0634\u200c\u0622\u0645\u062f\u0647 \u06a9\u0647 \u0628\u0627 \u062e\u0648\u062f \u0628\u06af\u0648\u06cc\u06cc\u062f\u060c \u06a9\u0627\u0634 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646 \u06f4\u06f8\u06f0\u06f0 \u062f\u0644\u0627\u0631\u06cc \u0631\u0627 \u0628\u0639\u062f \u0627\u0632 \u0631\u06cc\u0632\u0634 \u0628\u0627\u0632\u0627\u0631 \u0628\u0647 \u062e\u0627\u0637\u0631 \u06a9\u0631\u0648\u0646\u0627\u060c \u0645\u06cc\u200c\u062e\u0631\u06cc\u062f\u0645 \u06cc\u0627 \u06a9\u0627\u0634 \u0628\u06cc\u062a \u06a9\u0648\u06cc\u0646\u200c \u0631\u0627 \u062f\u0631 \u0642\u06cc\u0645\u062a \u06f5\u06f7 \u0647\u0632\u0627\u0631 \u062f\u0644\u0627\u0631 \u0645\u06cc\u200c\u0641\u0631\u0648\u062e\u062a\u0645 \u0648 \u062f\u0631 \u0642\u06cc\u0645\u062a\u200c\u0647\u0627\u06cc \u067e\u0627\u06cc\u06cc\u0646\u200c\u062a\u0631 \u0628\u0647 \u0628\u0627\u0632\u0627\u0631 \u0648\u0627\u0631\u062f \u0645\u06cc\u200c\u0634\u062f\u0645. \u0627\u06af\u0631 \u0627\u06cc\u0646 \u0641\u0631\u0635\u062a\u200c\u0647\u0627 \u0631\u0648 \u0627\u0632 \u062f\u0633\u062a \u062f\u0627\u062f\u0647\u200c\u0627\u06cc\u062f \u0627\u0634\u06a9\u0627\u0644\u06cc \u0646\u062f\u0627\u0631\u062f\u060c \u062f\u0631 \u0645\u0642\u0627\u0644\u0647 \u0627\u0645\u0631\u0648\u0632 \u0642\u0635\u062f \u062f\u0627\u0631\u06cc\u0645 \u0628\u0647 [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":15461,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[424,402],"tags":[],"series":[],"class_list":["post-15285","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fundamental","category-analysis"],"acf":[],"_links":{"self":[{"href":"https:\/\/pooleno.ir\/blog\/wp-json\/wp\/v2\/posts\/15285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pooleno.ir\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pooleno.ir\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pooleno.ir\/blog\/wp-json\/wp\/v2\/users\/30"}],"replies":[{"embeddable":true,"href":"https:\/\/pooleno.ir\/blog\/wp-json\/wp\/v2\/comments?post=15285"}],"version-history":[{"count":0,"href":"https:\/\/pooleno.ir\/blog\/wp-json\/wp\/v2\/posts\/15285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pooleno.ir\/blog\/wp-json\/wp\/v2\/media\/15461"}],"wp:attachment":[{"href":"https:\/\/pooleno.ir\/blog\/wp-json\/wp\/v2\/media?parent=15285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pooleno.ir\/blog\/wp-json\/wp\/v2\/categories?post=15285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pooleno.ir\/blog\/wp-json\/wp\/v2\/tags?post=15285"},{"taxonomy":"series","embeddable":true,"href":"https:\/\/pooleno.ir\/blog\/wp-json\/wp\/v2\/series?post=15285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}