Fidelity: Bitcoin NUPL jumps from 0.09 to 0.36 last quarter
- —Bitcoin NUPL rose from 0.09 to 0.36 last quarter
- —At NUPL near 0.36 (±0.05), median 1-year return was 93%
- —Fidelity's read is based on historical data
Why it matters: Rising NUPL signals holders are back in profit, a condition that historically preceded strong 12-month returns.
Source: PANews
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