
Posteo
effizypo1995
STH-SOPR looks at whether short-term holders are overall making a profit or a loss when selling coins. A value greater than 1 indicates average profit realization, while less than 1 indicates average loss realization.
From BTC reaching STH-RP to the early bull phase peak:
(1) In 2019, STH-SOPR fell below 1 about once;
(2) In 2023, it fell below 1 about twice;
(3) In 2026 so far, it has been 0 times.

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