Ethereum NUPL signals massive crash: A Brutal Structural Reset
Violent market turbulence threatens to destabilize Ethereum as historical support levels begin to fracture. Ethereum is holding the $2,092 line, a seemingly sturdy defense after February's dip. But below the surface, on-chain data from analyst Boris paints a starkly different picture: the Net Unrealized Profit/Loss (NUPL) metric is flashing a deep red, signaling widespread unrealized losses among investors. This isn't just a mild correction; it's a structural tension building towards what could be a brutal market reset. ETH Price Trend Last 7 Days Powered by CryptoCompare Hopes for a quick rebound might be premature. The confluence of key indicators suggests a much deeper wound in Ethere...