Realised Lthsopr Indicator Lthsopr Indicator
Bitcoin
The Long-Term Holder SOPR (LTH-SOPR) applies the Spent Output Profit Ratio only to coins held longer than about 155 days.
Why it matters
It isolates the spending profitability of conviction holders, whose behaviour drives major cycle turning points more than short-term traders.
How it is built
SOPR is computed using only spent outputs whose coins were last moved more than ~155 days earlier, filtering out short-term-holder noise.
What to watch
Sharp rises in LTH-SOPR signal that seasoned holders are realizing large profits — a classic late-cycle distribution tell — while readings near or below 1 mark holder capitulation near bottoms.
Related metrics
- Realised Sthsopr Indicator Sthsopr Indicator
- Urpd Urpd Realised Urpd Realised
- Realised Sthlthsopr Ratio Sthlthsopr Ratio
- Realised SOPR SOPR
- Realised Sellsideriskratio All Sellsideriskratio All
- Realised Realisedpnl Ratio All Realisedpnl Ratio All
- Realised Rcapnetposchange Rcapnetposchange
- Realised Netsellsideriskratio Netsellsideriskratio