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Market Cap:
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Bitcoin Bitcoin Share: 59.74%
Markets: 90877
The Daily Hodl
2022-07-13 16:55:13

Bitcoin (BTC) Investors Not Out of the Woods Yet Despite Capitulation: Analytics Firm Glassnode

Bitcoin (BTC) Investors Not Out of the Woods Yet Despite Capitulation: Analytics Firm Glassnode

A top crypto analytics firm says Bitcoin (BTC) investors are not out of the woods as long-term holders capitulate. As Glassnode explains, the Long-Term Holder Spent Output Profit Ratio (LTH-SOPR) measures the profit ratio captured by wallet addresses holding Bitcoin for longer than 155-day periods. “When LTH-SOPR is less than one, these players realize losses […]The post Bitcoin (BTC) Investors Not Out of the Woods Yet Despite Capitulation: Analytics Firm Glassnode appeared first on The Daily Hodl.

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