VanEck Research Director: Bitcoin NUPL is about to break through 0.5

Odaily News Matt Sigel, head of digital asset research at VanEck, wrote on the X platform that Bitcoin's net unrealized profit/loss (NUPL) is about to break through 0.5, calling it a key sentiment shift. The last time this happened was on February 8, when Bitcoin rose from $45,000 to $73,000 (+62%) in 34 days. "