LTH-NUPL
LTH-NUPL serves as an indicator of profit and loss, as assessed by the behaviour of long-term investors.
Long Term Holder NUPL (LTH-NUPL) is Net Unrealized Profit/Loss that takes into account only UTXOs with a lifespan of at least 155 days and serves as an indicator to assess the behaviour of long term investors.
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LTH-NUPL is calculated by taking the NUPL value only for spent outputs as old as or older than 155 days.
March 2020
Tuur Demeester, Tamás Blummer, and Michiel Lescrauwaet - A Primer on Bitcoin Investor Sentiment and Changes in Saving Behavior
Last modified 2mo ago