01Definition
Net Unrealized Profit/Loss estimates aggregate paper profit or loss relative to realized capitalization.
02Context
Net Unrealized Profit/Loss estimates aggregate paper profit or loss relative to realized capitalization. This coordinate is placed in the wider system through its protocol, economic and historical relationships.
03Why it matters
Understanding NUPL helps distinguish a verifiable Bitcoin mechanism or historical record from slogans, products and market narratives.
⌖Reference points
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Linked to related atlas coordinates
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Grounded in a source record
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Explains function and trade-offs
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Part of the open Bitcoin knowledge graph