STH-SOPR

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

Indicator Overview

Short Term Holder SOPR (STH-SOPR) is SOPR that takes into account only spent outputs younger than 155 days and serves as an indicator to assess the behaviour of short-term investors.

How is it measured?

STH-SOPR is calculated by taking the SOPR value only for spent outputs younger than 155 days.

STH-SOPR=valuepricespent [USD] (of all spent outputs where age < 155 days)valuepricecreated [USD] (of all spent outputs where age < 155 days)\textrm{STH-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