Bitcoin's recent rollercoaster ride captured fascinating shifts in market sentiment, closely tied to its Net Unrealized Profit/Loss (NUPL) and Market Value to Realized Value (MVRV) metrics. As the cryptocurrency soared above $94,000 following a shocking announcement from President Donald Trump, these on-chain indicators hinted at an influx of profit for many holders, particularly those who recently entered the market. However, just a day later, a sharp turn sent Bitcoin stumbling back to the mid-$80,000s. What triggered this sudden change, and how have seasoned investors navigated the turmoil?
Bitcoin holders stay profitable despite volatile week Bitcoin holders stay profitable despite volatile week
On-chain metrics show Bitcoin's rapid price swings failed to shake long-term profitability.
3 min read
Updated: Mar. 6, 2025 at 12:25 am UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
