📈💰 "With the recent surge in Bitcoin (BTC) NUPL (Net Unrealized Profit or Loss), optimism is reigning in the market," stated experts. NUPL gauges net profit or loss concerning the asset in circulation, reflecting the sentiment.
NUPL, calculated by dividing the difference between market capitalization and realized market capitalization by total market capitalization, portrays the percentage of investors enjoying returns. A positive NUPL signifies profit for investors, while an increasing trend signals more investors in a profitable zone. According to Cryptoquant, NUPL has remained positive since January 13th, currently at around 0.32. 📊🚀 Stay tuned as market optimism unfolds! #BitcoinNUPL #MarketSentiment #ProfitableInvestors #CryptoOptimism #CryptoMarketInsights