Bitcoin NUPL Surpasses 365-Day Average, Signaling Market Recovery

Bitcoin’s Net Unrealized Profit and Loss (NUPL) provides a bullish indicator, climbing above the 365-day average. Institutional inflows into Bitcoin continue to rise, signaling increased market confidence. An expert from CryptoQuant highlights how NUPL metrics can provide insight into market trends and investor profitability. Understand the latest trends in Bitcoin as on-chain metrics and institutional

Source: CoinOtag