STH SOPR

Bitcoin

The Short-Term Holder SOPR applies the Spent Output Profit Ratio to coins held by short-term holder.

Why it matters

It shows whether short-term holder are, on average, spending at a profit (>1) or loss (<1).

Sale value divided by acquisition value is aggregated over short-term holder spent coins.

The 1.0 line is pivotal: crossing it flags shifts between profit-taking and loss-realization for the cohort.

STH SOPR on Bitcoin last read 0.9921 on Sep 24, 2026, a change of -2.78% over 30 days, ranging from 0.908 (Feb 5, 2026) to 1.1 (Nov 21, 2024).

Read from our own stored series, not quoted from a page.