This is the graph of #NUPL (Net Unrealised Profit/ Loss), the data shows the value slides above the 0, which shows the investor and hodlers just moving into the profit area. We already saw this happening earlier, in May, July, September of 2022, this could he the same, so be alert on our mentioned levels.
What's is #NUPL Data ?
Net Unrealized Profit and Loss (NUPL) is the difference between market cap and realized cap divided by market cap. Assuming that the latest coin movement is the result of a purchase, NUPL indicates the total amount of profit/loss in all the coins represented as a ratio. It could be interpreted as the ratio of investors who are in profit. Values over '0' indicate investors are in profit and an increasing trend in value means more investors are beginning to be in profit. This phase indicates the increasing reason to take profit which leads to an increase in sell pressure.
