glassnode: Despite Bitcoin hitting new highs, the net unrealized PNL of long-term holders is still below the euphoria range.

PANews, July 11 news, glassnode tweeted that despite the BTC price breaking through 118,000 USD and reaching a new high, the net unrealized PNL (NUPL) of long-term holders is still below the Euphoria Zone, currently at 0.69. This cycle has only exceeded the 0.75 threshold for about 30 days, while the previous cycle had 228 days.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)