Bitcoin NUPL Back In Hope/Fear Region: What Happens Next?

On-chain data shows the Bitcoin Net Unrealized Profit/Loss (NUPL) has plunged recently. Here’s what this could mean for the cryptocurrency. Bitcoin NUPL Has Dropped To The 0.18 Level In a new NUPL, which is an indicator that compares the amount of unrealized profit and loss held by investors on the BTC blockchain. The metric works… Continue reading Bitcoin NUPL Back In Hope/Fear Region: What Happens Next?

Bitcoin Holder Profits Now 121%: How Much Higher Can BTC Go?

On-chain data shows the Bitcoin investors are now carrying 121% profits on average. Here’s whether this has been enough for a top in the past. Bitcoin Profitability Index Is Currently Sitting Around 221% In a new Average Profitability Index” is an indicator for BTC that compares the asset’s spot value with its realized price. The… Continue reading Bitcoin Holder Profits Now 121%: How Much Higher Can BTC Go?

Bitcoin Holders In Profit Hits 95%: Is BTC Overheating?

On-chain data shows around 95% of all Bitcoin holders are in profit following the latest bullish action that the asset’s price has seen. Very Few Bitcoin Addresses Are Still Underwater In a new profitability is currently looking. The analytics firm has made use of on-chain data to determine this. IntoTheBlock has gone through the transaction… Continue reading Bitcoin Holders In Profit Hits 95%: Is BTC Overheating?