Short-Term Holders realized profits on April 24th at the price of $93,700 USD.
The Short-Term Holder SOPR measures whether BTCs (with a lifespan of up to 155 days) are being moved at a profit or loss. When moved at a profit, the metric rises; when moved at a loss, it drops.
High values signal strong profit-taking by these holders and often lead to stagnation in Bitcoin's price action. The metric has now returned to normal levels, indicating low movement activity and reduced selling pressure.
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