Bitcoin’s entity-adjusted NUPL signals heightened market uncertainty below $60k

[ad_1] Onchain Highlights DEFINITION: Entity-adjusted NUPL is an improved variant of Net Unrealized Profit/Loss (NUPL) that discards transactions between addresses of the same entity (“in-house” transactions). It only accounts for real economic... Read more »

NUPL ratio shows why long-term holders are better market top indicators

[ad_1] Entity-adjusted Bitcoin metrics provide a refined view of market sentiment by filtering out non-economic transactions. This is especially important when analyzing net unrealized profit and loss, such as the LTH-NUPL and... Read more »