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coinpedia 2024-10-30 05:49:29

Bitcoin Short-Term Holder SOPR Points Upswing

The post Bitcoin Short-Term Holder SOPR Points Upswing appeared first on Coinpedia Fintech News As the Bitcoin price momentarily spikes above the $73,000 mark, the short-term holder spent output profit ratio, SOPR, currently stands at 1.017. The indicator reflecting a lower value highlights the short-term holders taking moderate profits. SOPR calculates the Bitcoin held over the last 1 hour and 155 days. Historically, a SOPR value of around 1.03 …

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