Cryp2Nova

Unrealised Pctunrealisedprofit STH Pctunrealisedprofit STH

Bitcoin

This is short-term-holder unrealised profit as a percentage of their held value.

Why it matters

It gauges the paper-profit position of recent buyers.

How it is built

Short-term-holder unrealised profit is divided by their market value.

What to watch

Falling readings mark recent buyers moving toward loss, a common capitulation precursor.

Related metrics