What is Bitcoin NUPL today?

Bitcoin NUPL is currently 0.263 — Optimism as of 2026-05-30.

How is Bitcoin NUPL calculated?

NUPL measures aggregate unrealized profit minus aggregate unrealized loss, divided by Bitcoin market cap. It shows whether holders as a group are sitting in net profit or net loss.

What does negative NUPL mean?

A negative NUPL means the market is holding Bitcoin at an unrealized loss overall. Historically, sustained readings below zero have aligned with capitulation and late-stage bear-market conditions.

What does NUPL above 0.75 mean?

NUPL above 0.75 means unrealized profits are very elevated relative to market cap. That zone has historically appeared near cycle tops, when distribution risk and profit-taking pressure rise.

How often is the Bitcoin NUPL chart updated?

This live chart updates daily at 06:00 UTC. The latest available data point is 2026-05-30.

Where can I view a live Bitcoin NUPL chart?

This page provides a live Bitcoin NUPL chart with full historical context, BTC price overlay, and NUPL moving averages for cycle analysis.

What is the difference between Bitcoin NUPL and MVRV?

NUPL focuses on unrealized profit versus unrealized loss across the market, while MVRV compares market value to realized value. They often confirm each other, but each frames holder profitability from a different angle.

How do analysts use NUPL with other on-chain indicators?

Analysts typically combine NUPL with MVRV, SOPR, realized price, and long-term holder data to separate emotional extremes from broader cycle structure. NUPL is most useful when read alongside valuation and holder-behavior indicators.

Bitcoin NUPL — Net Unrealized Profit/Loss Chart

BTC Price NUPL SMA 30d SMA 90d SMA 365d Capitulation <0 Hope/Fear 0-0.25 Optimism/Pessimism 0.25-0.5 Belief 0.5–0.75 Euphoria >0.75