STH-SOPR, or Short-Term Holder Spent Output Profit Ratio, is an on-chain profitability metric that assesses whether short-term holders are selling their Bitcoin at a profit or a loss. A value above one indicates that short-term holders are selling at a profit, while a value below one signifies sales at a loss. This ratio helps to gauge the immediate market sentiment and the likelihood of profit-taking or capitulation from recent buyers. It provides insight into the short-term market’s realized gains or losses.
Context
Crypto news frequently references STH-SOPR to analyze market turning points and potential selling pressure. A reset of STH-SOPR to one during a bull market can signal a healthy correction, while sustained values below one often precede capitulation. Monitoring this metric is crucial for understanding the behavior of active traders and anticipating short-term price movements.
We use cookies to personalize content and marketing, and to analyze our traffic. This helps us maintain the quality of our free resources. manage your preferences below.
Detailed Cookie Preferences
This helps support our free resources through personalized marketing efforts and promotions.
Analytics cookies help us understand how visitors interact with our website, improving user experience and website performance.
Personalization cookies enable us to customize the content and features of our site based on your interactions, offering a more tailored experience.
