Bitcoin RHODL Ratio
RHODL Ratio is the weighted ratio of short-term (1-week) and long-term (1-2-year) coin age bands relative to their Realized Lifespan - it measures how dominant 'fresh' trading volume is in the market relative to 'old' accumulation.
Preview: the last 90 days of real data, up to September 27, 2026. The full history and live data are available with Cedvel Pro.
Source: rhodl_ratio (bitview.space / Bitcoin Research Kit)
What is it?
The weighted ratio of short-term (1-week) and long-term (1-2-year) coin age bands relative to their Realized Lifespan (Realized Cap HODL) - measures how dominant 'fresh' trading volume is relative to 'old' accumulation.
How is it calculated?
The 1-week HODL band's share of Realized Cap is divided by the 1-2-year band's share - the result is weighted by age distribution (RHODL = weighted HODL ratio).
How to read it
High RHODL points to periods where short-term speculative trading volume dominates the market, overlapping with historical tops. Low RHODL points to periods where the market is held largely by long-term holders, usually closer to bottoms.
Things to watch out for
Similar to MVRV Z-Score, it's a relative positioning indicator rather than an absolute threshold - historical band widths can shift as market structure changes.
Historical usage
High RHODL values have historically overlapped with cycle tops where short-term speculative trading volume dominated the market; low RHODL values have overlapped with periods close to bottoms, where the market was held largely by long-term holders.
Frequently Asked Questions
How is RHODL Ratio calculated?
The 1-week HODL band's share of Realized Cap is divided by the 1-2-year band's share - the result is weighted by age distribution.
What does a high or low RHODL Ratio mean?
High RHODL points to periods, overlapping with historical tops, where short-term speculative trading volume dominates the market. Low RHODL points to periods, usually close to bottoms, where the market is held largely by long-term holders.
What's the limitation of RHODL Ratio?
Similar to MVRV Z-Score, it's a relative positioning indicator rather than an absolute threshold - historical band widths can shift as market structure changes.