CryptoQuant research director: Unrealized profit ratio shows that there is currently no correction risk
Julio Moreno, Director of Research at CryptoQuant, posted on social media that the current price of BTC is $48,000, which is the same as when the ETF was launched a month ago. The difference in unrealized profit rates shows that there is currently no correction risk because they are lower (13% in the green circle). A month ago, the profit rate was around 30% (red circle), indicating a risk of adjustment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Three new wallets received approximately $200 millions worth of ETH from FalconX in the past 3 hours
Ant Digital Technologies and Langxin Technology Group establish AntChain Credit
Solana TVL reaches all-time high, approaching $12.5 billion
Trump: Charlie Kirk is a giant among his generation
Trending news
MoreCrypto prices
More








