CryptoQuant CEO: ETH/BTC NUPL hits a new four-year low

robot
Abstract generation in progress

BlockBeats News, on November 20th, CryptoQuant CEO Ki Young Ju stated on social media that the ETH/BTC NUPL has reached a four-year low. Despite the underperformance of ETH compared to BTC, ETH holders are unknowingly suffering losses, similar to the lows in early 2020. NUPL (Net Unrealized Profit/Loss) is an indicator that measures market sentiment and the unrealized profits and losses of cryptocurrency holders. It reflects the overall state of the market by calculating the net value of unrealized profits and losses of all assets held in the market.

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)