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Spent Output Profit Ratio (SOPR)

What is the Spent Output Profit Ratio (SOPR):Spent Output Profit Ratio (SOPR). Realized value (in USD) of a spent output divided by the value at the time of creation.What does it show:SOPR defines by how much all bitcoins that are moved are in profit. It is calculated by taking into account all transactions within a specific timeframe, generally one day.How can it be used:SOPR values above 1 indicate a regime of profit taking whereas SOPR values below 1 indicate a regime of loss realization.Further reading:What is SOPR and Why Should You Care?

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