SOPR shows that long-term holders are realizing profits
According to the SOPR (Spent Output Profit Ratio) indicator, long-term holders of cryptocurrencies have started to record profits. From September 6 to 13, when the price of Bitcoin rose from $53,900 to $60,500, there was an increase in the adjusted SOPR (aSOPR), indicating a profit selling coin.
This may indicate a possible market peak or period of consolidation. $BTC