NVT, first developed by statistician Willy Woo and entrepreneur Dmitry Kalichkin, uses the ratio of Bitcoin’s market capitalization to its daily on-chain transaction value to create an idea of whether price behavior really corresponds to on-chain activity.
NVT最早由统计学家威利·吴（Willy Woo）和企业家德米特里·卡利奇金（Dmitry Kalichkin）开发，它使用比特币市值与其每日链上交易价值的比率来确定价格行为是否真正对应于链上活动。