Realized Profit/Loss: Difference between the acquisition price and the spending price of the coins
* Profits → coins spent above the acquisition price
* Losses → coins spent below the acquisition price
Measure denominated in BTC: Normalizes for market capitalization expansion
$BTC Volatility-adjusted variant: Considers the maturing growth pattern of Bitcoin
Current state: The balanced activity of profit/loss indicates market saturation, suggesting an imminent consolidation phase