LTH-SOPR

LTH-SOPR serves as an indicator of profit and loss, as assessed by the behaviour of long-term investors.

Indicator Overview

Long Term Holder SOPR (LTH-SOPR) is SOPR that takes into account only spent outputs as old as or older than 155 days and serves as an indicator to assess the behaviour of long-term investors.

How is it measured?

LTH-SOPR is calculated by taking the SOPR value only for spent outputs as old as or older than 155 days.

LTH-SOPR=valuepricespent [USD] (of all spent outputs where age  155 days)valuepricecreated [USD] (of all spent outputs where age  155 days)\textrm{LTH-SOPR} = \frac{ \textrm{value} \cdot \textrm{price}_\textrm{spent}~{\color{gray}[\textrm{USD}]}~\textrm{\color{gray}(of all spent outputs where age ≥ 155 days)} }{ \textrm{value} \cdot \textrm{price}_\textrm{created}~{\color{gray}[\textrm{USD}]}~\textrm{\color{gray}(of all spent outputs where age ≥ 155 days)} }

About

Introduced By

Glassnode

Date Introduced

March 2020

Further Resources

Rafael Schultze-Kraft - Breaking up On–Chain Metrics for Short and Long Term Investors