VanEck Research Director: Bitcoin's Net Unrealized Gains and Losses About to Break Through 0.5 is a Key Sentiment Shift
Matt Sigel, head of digital asset research at VanEck, said in a social media post that Bitcoin's net unrealized profit/loss (NUPL) is about to break through 0.5, a key sentiment shift.
When this last happened on February 8, Bitcoin rose from $45,000 to $73,000 (+ 62%) in 34 days.