Bitcoin

<ul>
 <li>Investors who have been holding Bitcoins for over 12 months experience pain because of a brief loss in their investments.</li>
 <li>LTH-SOPR is an indicator used to measure the profit and loss over a particular time frame.</li>
 <li>Bitcoin LTH-SORP fell below 1 and reached 0.96 for a short period, and then went back above 1.</li>
</ul>
In the recent twist of events in the crypto market, the Spent Output Profit Ratio (SOPR) of Bitcoin for its long-term holders (LTH) went below one, reaching 0.96. This indicates that investors holding Bitcoins for over 155 days will suffer a loss. Crypto Hell, a crypto analyst on CryptoQuant, <a href="https://cryptoquant.com/insights/quicktake/656957d56f7f7c60bf99a5dc-Shocking-Revelation-Investors-Selling-Bitcoin-at-a-Loss-Is-a-Massive-Price-Drop-" rel="noopener noreferrer nofollow">asserted</a> that there is a possibility for short-term traders to sell at a loss.
LTH-SOPR is an indicator that signals the degree of realized profit and loss of long-term holders of a crypto asset. If the value of LTH-SOPR is above 1, it hints to long-term holders of BTC that they can sell coins at a profit. If the value falls below 1, it indicates that the long-term holders of BTC are selling coins at a loss.
On November 30, 2023, the LTH-SOPR of Bitcoin fell to 0.96 for a brief period and then emerged back to above 1. After a brief decrease, it went to a height of 1.61, which means that the investors who have held BTC over 12 months were selling at a profit.
In regards to BTC’s short-term holders, analyst Crypto Hell said that their SOPR is also dipping close to 1.
Read full article at<a href="https://cryptotale.org/?p=28721&amp;preview=true&amp;_thumbnail_id=28722" rel="noopener noreferrer nofollow"> CryptoTale.</a>

Investors Holding Bitcoins Experienced a Brief Loss Due To LTH-SORP Falling Below 1

CryptoTale

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