TGViewer
Glassnode Glassnode @glassnode · 44.1K subscribers
Post #1493 6.89K
STH-NUPL, which measures the unrealized profit or loss of new investors relative to STH-market cap, indicates new investors have been carrying net unrealized losses since November 2025.
A recovery above ~$98K appears to be the minimum threshold required to return this cohort to a net profitable state.

📉http://glassno.de/4jQjx3u
  • ❤ 10
  • 🔥 3
  • 👀 2
Open in Telegram All posts from @glassnode
More from @glassnode
  1. Sep 28, 2026Bitcoin trades near $84k after a week that closed about 4% higher. ETF inflows carried the…
  2. Sep 28, 2026Spot traders are turning to altcoins. Total spot volume now runs close to 4x Bitcoin's, th…
  3. Sep 24, 2026AI agents can now use Glassnode data via x402. On-chain, derivatives, ETF metrics and more…
  4. Sep 24, 2026This is the first $BTC bear market that never closed below the Realized Price. This means…
  5. Sep 24, 2026Strategy Watch is our monthly read on fund performance, capital flows, and allocator posit…
  6. Sep 24, 2026Only 9 of the top 50 altcoins have beaten $BTC since its all-time high. ZEC leads by a wid…
Threads Profile ViewerView any public Threads profile without an account.Open ThreadLook →Writing with AI? Make it sound human.Metric37 rewrites AI drafts so they read naturally. Free AI detector, 1,500 words free.Try Metric37 →