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Ulukin Ahmad πΉ
@ulukinahmad
Crypto Ladys!!! Bitcoin Short Term Holder SOPR (Output Profit Ratio Spent) SOPR is a ratio used to calculate the value of Bitcoin transaction output. Some of the important things about this indicator are:π -A THREAD-
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Ulukin Ahmad πΉ
@ulukinahmad
1) SOPR > 1: Short-term Bitcoin holders sell Bitcoin at a profit because the selling price is higher than the price they bought. 2) SOPR < 1: Short-term holders sell Bitcoin at a loss. This shows the selling price is lower than the price when they bought.
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Ulukin Ahmad πΉ
@ulukinahmad
3) SOPR = 1: Short-term holders sell Bitcoin at the same price when they bought it. Currently SOPR is at 1 where short term holders are still breaking even. Any time we are at level 1, our ascension potential to rise and fly higher is much greater.
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Ulukin Ahmad πΉ
@ulukinahmad
My personality. $BTC will be hit $200k in this cycleπ
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Will
@willdinata
Hey man, tysm for the information about SOPR
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Chanzy π£
@chanzy10
Wow thatβs a big knowledge for me bro!
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Lancersπ©ππ΅
@lancer
SOPR can provide insights into market sentiment, profitability, and losses taken over a specific time frame, helping investors understand the average profit or loss made when coins are spent.
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