The current NUPL level has been set at 0.503%. In the past, NUPL values at similar levels (between 0.50% and 0.55%) have been observed to signal profitable moves for investors. However, in light of this information, the main question is, in the current cycle, what could be the tendency of investors to take profit from these levels? Onchain data shows the bull is just getting started!

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For investors, evaluating this situation should involve an analytical approach to associating the NUPL level with past trends and foreseeing potential future trends. However, it is important to understand that due to the complexity and uncertainty of financial markets, there is no guarantee that any strategy will yield risk-free or definitive results.

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