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CryptoQuant: Bitcoin Net Unrealized Profit Indicator Suggests Market May Be Near a Short-Term Bottom

CryptoQuant: Bitcoin Net Unrealized Profit Indicator Suggests Market May Be Near a Short-Term Bottom

ChaincatcherChaincatcher2025/11/12 09:39
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ChainCatcher news, according to CryptoQuant analysis, the Bitcoin Net Unrealized Profit (NUP) indicator has now dropped to 0.476, falling below the key level of 0.5. Historically, this level has often marked the formation of a short-term market bottom.

The NUP indicator represents the total unrealized profit held by investors currently in a profitable position; higher values usually indicate stronger selling pressure. Analysts point out that the current indicator suggests market selling pressure has significantly eased, and investors may see a price rebound in the near future. Meanwhile, data shows that the number of Bitcoin accumulation addresses is reaching a historic high, further supporting the view of a potential rebound.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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