In this week's Glassnode Clips, we analyze NUPL by Cohort:
- Capitulation signs are revealed by NUPL by Cohort when all market participants face unrealized losses, signaling potential market bottoms and recovery points.
- Rising unrealized profits in any cohort as Bitcoin surpasses previous highs indicate a shift from enthusiasm to euphoria in the market.
- Historical analysis of NUPL shows that breaking all-time highs often leads to significant profit realization among cohorts, marking critical market phases.
Discover more in the latest Glassnode Clips below 👇
https://www.youtube.com/watch?v=BQ6B4xyJ1xo&t=1s
Post #872
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