Unrealized losses hit highest level since October 2023 as Bitcoin dropped to $76k
On April 8, Bitcoin’s net unrealized loss (NUP) ratio spiked to 0.0578, the highest level since November 2023. Meanwhile, the net unrealized profit/loss ratio dropped to 0.4253 on the same da...
Source: CryptoSlate
On April 8, Bitcoin’s net unrealized loss (NUP) ratio spiked to 0.0578, the highest level since November 2023. Meanwhile, the net unrealized profit/loss ratio dropped to 0.4253 on the same day, its lowest point since September 2024. This followed Bitcoin’s drop to $76,000 amid a sharp and aggressive retracement from the mid-$80,000 range it traded […]