Glassnode Insights: BTC Hits New High but Long-Term Holders’ Net Unrealized Profit Remains Below Frenzy Range
2025-07-11 13:59:46
Main Idea
Bitcoin (BTC) has reached a new peak, but long-term holders' net unrealized profit remains below typical frenzy levels, indicating cautious investor sentiment.
Key Points
1. Bitcoin (BTC) recently reached a new peak, signaling strong market momentum.
2. Glassnode analytics show that the net unrealized profit and loss (NUPL) for long-term holders remains below the typical frenzy threshold.
3. NUPL is a crucial metric for assessing investor sentiment and predicting potential market corrections or sustained growth.
Description
Bitcoin (BTC) recently reached a new peak, signaling robust market momentum. However, according to Glassnode analytics, the net unrealized profit and loss (NUPL) for long-term holders remains below the typical
$BTC
$118026.1
+4.24%
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