LTH-NUPL serves as an indicator of profit and loss, as assessed by the behaviour of long-term investors.
Indicator Overview
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.
LTH-NUPL is calculated by taking the NUPL value only for spent outputs as old as or older than 155 days.
LTH-NUPL=LTH-Relative Unrealized Profit−LTH-Relative Unrealized Loss=LTH-Market CapLTH-Market Cap−LTH-Realized Cap=value⋅price[USD](of all UTXOs where age≥155days)value⋅(price[USD]−pricecreated[USD])(of all UTXOs where age≥155days)