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raonbit
2021.02.20 08:51:27
Net Unrealized Profit/Loss is the difference between Relative Unrealized Profit and Relative Unrealized Loss.
For more information see
https://medium.com/glassnode-insights/dissecting-bitcoins-unrealised-on-chain-profit-loss-73e735020c8d.
This metric can also be calculated by subtracting realised cap from market cap, and dividing the result by the market cap as described in https://medium.com/@adamant_capital/a-primer-on-bitcoin-investor-sentiment-and-changes-in-saving-behavior-a5fb70109d32.
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