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.