On-chain data can never be intelligently captured. Zbot solves this problem, allowing us to use data more efficiently and conveniently.
ETH on-chain data STH—NUPL on the evening of December 20 at 20:25
Net Unrealized Profit and Loss (NUPL) is an indicator that measures the asset status of the entire blockchain network. It assesses whether the chips on the blockchain are in a profit or loss state by comparing unrealized profits and unrealized losses.
Here, "unrealized" refers to assets that have not yet been sold or traded, so these profits or losses are only on paper and have not been realized.
✨ Generally, a pullback that first crosses the region is regarded as an extreme case of NUPL, and Zbot's algorithm defines and captures this "extreme," serving as a BUFF at the on-chain indicator level. This signal is one of the common bases for buying.
