$BTC ๐๐ถ๐๐ฐ๐ผ๐ถ๐ป ๐ฆ๐ต๐ผ๐ฟ๐ ๐ง๐ฒ๐ฟ๐บ ๐๐ผ๐น๐ฑ๐ฒ๐ฟ๐ ๐ฆ๐ข๐ฃ๐ฅ ๐ถ๐ป๐ฑ๐ฒ๐
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The STH SOPR (30DMA) metric, which measures the average profit or loss realized by short-term investors when spending coins on-chain, recently hit a local high STH realized profit rose noticeably.
Nevertheless, demand for coins remains strong enough not to hinder the bullish trend, and the metric has yet to reach the euphoric levels seen during previous major price peaks.
โ ยฉ Cryptoquant
