The SOPR Ratio (LTH-SOPR/STH-SOPR), which compares the sales profits of long-term Bitcoin holders versus short-term Bitcoin holders, indicates that long-term Bitcoin holders are making significantly more profits than short-term Bitcoin holders. A ratio of 1.90 indicates that large holders of Bitcoin are starting to take profits, while small holders are not currently making as much profit or are selling less actively. It can be argued that the current ratio does not indicate a large distribution process from large investors, but a further rise in the ratio could mean that large investors are distributing. The rise in the ratio for areas larger than 3 has often led to price volatility.
It's worth noting that anyone who holds Bitcoin for more than 155 days is called a long-term Bitcoin holder, and anyone who holds Bitcoin for less than 155 days is called a short-term Bitcoin holder.
Written by Arab Chain
