🚨 A 16% increase in profit-taking on Bitcoin according to the SOPR index! 📈
The index measures the difference between the purchase and sale price of $BTC, and any reading above 1 means people are selling at a profit ✅
The orange line in the chart is clear: a wave of selling began after Bitcoin reached historical peaks, and this may be the reason behind the recent slowdown in price 🧠
