Long-Term-Holder SOPR
Onchain· DE: Long-Term-Holder-SOPR
SOPR restricted to coins older than 155 days — conviction holders. LTH-SOPR rising well above 1 marks strong-hand distribution (often late cycle); below 1 marks long-term holders spending at a loss (rare, capitulation).
Calculation
SOPR over outputs with age >= 155d (brk_lth_sopr_24h).
Unit & source
ratio · tradingstrategies.work On-Chain Spending-Behaviour (SOPR) methodology
Related terms
Definitions are for research and education. Metrics describe market conditions — not financial advice or a buy/sell signal.