---
title: "Crypto · 52etf.net"
kind: "term"
url: "https://52etf.net/tags/crypto/"
markdown_url: "https://52etf.net/tags/crypto/index.md"
content_signal: "search=yes, ai-input=yes, ai-train=no"
---

# Crypto — Markdown for Agents (term)
- **[2026-10-25] [BTC MVRV Z-Score 与 CBBI / BTI 周期复合指标 (MVRV & Composite Cycle Index)](https://52etf.net/05-crypto/btc-mvrv-cbbi/index.md)**
  - Summary: MVRV = Market Cap / Realized Cap | MVRV小牛顶经验位 2.2~2.3 / 大底 <1.0 | CBBI 9因子公开复合指数 (0~100分) 与 12因子周期复合指标拆解
  - Primary Source: https://charts.checkonchain.com/btconchain/unrealised/mvrv_all/mvrv_all_light.html
  - Backup Source: https://colintalkscrypto.com/cbbi/
  - Tags: `#Crypto` `#BTC` `#MVRV` `#CBBI` `#CVDD` `#NUPL` `#Puell Multiple` `#Pi Cycle` 
- **[2026-10-25] [BTC RHODL 比率 (Realized HODL Ratio 短期与中长期已实现价值比)](https://52etf.net/05-crypto/btc-rhodl-ratio/index.md)**
  - Summary: 公式: (1周Realized Cap HODL Wave / 1-2年Realized Cap HODL Wave) × 市场天数 | 阈值: <350历史积累区 / >50,000周期过热区 | 减半周期6~9个月横盘特征
  - Primary Source: https://www.bitcoinmagazinepro.com/charts/rhodl-ratio/
  - Backup Source: https://charts.bgeometrics.com/rhodl_1m_dark.html
  - Tags: `#Crypto` `#BTC` `#RHODL` `#HODL Waves` `#链上周期` `#已实现价值` 
- **[2026-10-25] [BTC URPD 链上筹码价格分布 (UTXO Realized Price Distribution)](https://52etf.net/05-crypto/btc-urpd-distribution/index.md)**
  - Summary: 统计流通BTC最后一次链上移动对应的价格桶分布 | 核心区分: ATH-Partitioned (含交易所归集噪音) vs Entity-Adjusted (实体调整后真实换手成本区)
  - Primary Source: https://charts.bgeometrics.com/distribution_realized_price_dark.html
  - Backup Source: https://docs.google.com/spreadsheets/d/1E9awSVwrVOxKOiaMdYT5YZvfveeFd9ENU-iO6dVcGj0/edit?usp=sharing
  - Tags: `#Crypto` `#BTC` `#URPD` `#UTXO` `#筹码分布` `#已实现价格` 
- **[2026-10-25] [BTC 链上手续费异常与费率 Z-Score (On-Chain Fee Regime & Z-Score)](https://52etf.net/05-crypto/btc-onchain-fee-regime/index.md)**
  - Summary: 公式: Fee Share = Fees / (Subsidy + Fees) | Fee Revenue 2Y Z-Score | 结构性分界: 2018-2022现货拥堵拐点 vs 2023后铭文/符文脉冲与现货ETF链下分流
  - Primary Source: https://charts.checkonchain.com/btconchain/adoption/feerevenue_zscore/feerevenue_zscore_light.html
  - Backup Source: https://charts.checkonchain.com/btconchain/adoption/feestotal_btc/feestotal_btc_light.html
  - Tags: `#Crypto` `#BTC` `#链上手续费` `#Fee Z-Score` `#矿工收入` `#区块空间` 
- **[2026-10-25] [Hyperliquid 链上多空数据监控：巨鲸多空持仓比、未平仓合约(OI)、资金费率与HLP金库敞口](https://52etf.net/05-crypto/hyperliquid-onchain-long-short-oi-funding/index.md)**
  - Summary: Hyperliquid总OI $3.86B | Top巨鲸账户净多空比 1.18 (多54.1% / 空45.9%) | BTC年化资金费率 +11.4% | HLP金库TVL $412M
  - Primary Source: https://app.hyperliquid.xyz/trade
  - Backup Source: https://www.coinglass.com/hyperliquid
  - Tags: `#Crypto` `#Hyperliquid` `#链上多空` `#资金费率` `#未平仓合约OI` 
- **[2026-10-25] [美国现货 BTC / ETH ETF 资金流入流出与机构持仓规模汇总 (IBIT / FBTC / ETHA)](https://52etf.net/05-crypto/crypto-spot-etf-inflow-outflow-btc-eth/index.md)**
  - Summary: 美国BTC现货ETF历史累计净流入 +$21.45B (总净资产 $66.8B, 占BTC总市值 4.89%) | IBIT持仓 39.2万枚BTC | ETH现货ETF累计净流 -$0.48B
  - Primary Source: https://farside.co.uk/btc/
  - Backup Source: https://www.coinglass.com/bitcoin-etf
  - Tags: `#Crypto` `#BTC-ETF` `#ETH-ETF` `#ETF流入流出` `#IBIT` `#Farside` 
- **[2026-10-25] [ETH/BTC 汇率比例历史区间与比特币市值占比 (BTC.D) 周期监控](https://52etf.net/05-crypto/eth-btc-ratio-and-btc-dominance/index.md)**
  - Summary: ETH/BTC 汇率比值 0.0372 (近5年分位 8.4%) | BTC市值占比 (BTC.D) 58.6% | ETH市值占比 13.1% | OTHERS山寨占比 8.9%
  - Primary Source: https://www.tradingview.com/symbols/ETHBTC/
  - Backup Source: https://www.coingecko.com/en/global-charts
  - Tags: `#Crypto` `#ETHBTC` `#ETHBTC比例` `#BTCD` `#汇率比值` 
- **[2026-10-25] [AHR999 比特币囤币/定投指数监控与计算公式](https://52etf.net/05-crypto/ahr999-bitcoin-dca-valuation-index/index.md)**
  - Summary: AHR999指数 0.89 (区间阈值: <0.45抄底线 / 0.45~1.20定投区间 / >1.20等待区间) | 200日定投成本 $63,420 | MVRV Z-Score 1.94
  - Primary Source: https://www.coinglass.com/pro/i/ahr999
  - Backup Source: https://www.lookintobitcoin.com/charts/mvrv-zscore/
  - Tags: `#Crypto` `#AHR999` `#定投指数` `#比特币估值` `#MVRV` 
- **[2026-10-24] [全网稳定币总市值 (USDT / USDC / USDe) 与链上法币存量监控](https://52etf.net/05-crypto/stablecoin-mcap-onchain-liquidity/index.md)**
  - Summary: 全网稳定币总市值 $194.6B (30D +2.1%) | USDT $120.3B (占比61.8%) | USDC $36.1B | 交易所稳定币储备 $41.8B
  - Primary Source: https://defillama.com/stablecoins
  - Backup Source: https://www.coingecko.com/en/categories/stablecoins
  - Tags: `#Crypto` `#稳定币市值` `#USDT` `#USDC` `#货币存量` 
