> For the complete documentation index, see [llms.txt](https://docs.blockhorizon.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.blockhorizon.io/chart-tutorials/price-and-valuation/lts-nupl.md).

# LTS NUPL

LTS NUPL (Long-Term Supply Net Unrealized Profit/Loss) measures unrealized profit or loss for LTS coins (held > 155 days) by comparing their market value to their realized value.

$$
\text{NUPL}*{\text{LTS}} = \frac{\text{Market Value}*{\text{LTS}} - \text{Realized Value}*{\text{LTS}}}{\text{Market Value}*{\text{LTS}}}
$$