Category SOPR

According to a recent Quicktake post by CryptoQuant analyst abramchart, short-term Bitcoin (BTC) investors are incurring losses, suggesting that th...

The price of bitcoin experienced a challenging May, dipping below $60,000 to reach a low of $56,500 per unit on May 1, 2024. Currently valued at $6...

Bitcoin saw a significant dip over the weekend, with BTC dropping from $70,090 on April 11 to $64,400 on April 13. Despite the initial fears of a b...

The volatility caused by the launch of spot Bitcoin ETFs in the U.S. has wiped over $115 billion off Bitcoin’s market cap. There has been a signifi...

Despite Bitcoin’s price staying below the critical $30,000 mark, recent spikes in a key market metric, the Spent Output Profit Ratio (SOPR), sugges...