Bitcoin SOPR: Profitability Holds Steady Despite Price Fluctuations

Bitcoin’s Spent Output Profit Ratio (SOPR) data reveals a consistent trend of profit realization, even during recent price dips. CryptoQuant, a leading provider of Bitcoin analytics, observes that short-term investors are still achieving near-break-even points and long-term holders continue to enjoy profits, according to their on-chain metrics. This resilience in holding patterns suggests a continued reliance on established strategies and market trends. 95% of Bitcoin transactions involve coins under three months old, indicating the influence of short-term investors in this period.