Cryp2Nova

Realised Sthsopr Indicator Sthsopr Indicator

Bitcoin

The Short-Term Holder SOPR (STH-SOPR) applies the Spent Output Profit Ratio only to coins younger than about 155 days.

Why it matters

It tracks the profit-taking and loss-realization of recent buyers, who are most sensitive to short-term price swings and momentum.

How it is built

SOPR is computed using only spent outputs whose coins were acquired within the last ~155 days, capturing the newest cohort's behaviour.

What to watch

In uptrends, STH-SOPR holding above 1 confirms healthy demand; a decisive break below 1 warns that recent buyers are capitulating, often preceding local corrections.

Related metrics

Realised Sthsopr Indicator Sthsopr Indicator — Bitcoin · Cryp2Nova