Technical Definition
Unrealized Profit and Loss
Unrealized PnL is the profit or loss on an open position that has not yet been closed.
By Crypto University Editorial
PortfolioRealized PnL
✦ Key Insight
It changes constantly as market prices move.
✕ Common Misconceptions
Treating unrealized profits as guaranteed profits
Detailed Explanation
How It Works
Until a position is sold, gains or losses remain unrealized.
FAQs
Can unrealized profit disappear?
Yes. Market prices can reverse before you close the trade.
In Practice
“Bought ETH at $2,500.
Current price $2,900.
Profit is unrealized until sold.”