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Long-Term Bitcoin Holders Are Profitable for First Time in 11 Months, Blockchain Data Shows
- linkweb3
- 2023-04-28
- 2367
- Newsletter
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Summary:Bitcoin's long-term holder spent output profitability ratio (LTH-SOPR) shows coins moved onchain that have a lifespan of at least 155 days or higher are being sold at profit. That suggests the bitcoin bear may be behind us.
Bitcoin's long-term holder spent output profitability ratio (LTH-SOPR) shows coins moved onchain that have a lifespan of at least 155 days or higher are being sold at profit. That suggests the bitcoin bear may be behind us.
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