The most recent #on-chain indicators and investor activity imply that the #cryptocurrency market may be primed for the next bull run, according to a new research from the cryptocurrency exchange #Bitfinex.

#Bitcoin's Spent Output Profit Ratio (#SOPR ) and Net Unrealized Profit and Loss (NUPL) indicators have moved into the green, indicating that nearly all BTC trades have been profitable since the leading asset breached the $29,500 mark, according to the weekly Bitfinex Alpha report.