Short-Term Investor Profitability Metrics: STH SOPR

Short-Term-Investor-Profitability-Metrics-STH-SOPR

STH SOPR (Short-Term Holder Spent Output Profit Ratio) is an important indicator that reflects the profit or loss status of short-term traders. As the current value is below 1, it can be said that most movements onchain are at a loss.  Especially during the declines in March, we see that short-term investors carried more at a loss, indicating that panic and fear prevailed on the part of short-term investors.