The Net Realized Profit/Loss metric captures the net capital flow regime precipitated by investors spending their coins on any given day. The recent price collapse through to the $20K region was punctuated with the largest daily #USD denominated realized loss in history.
#Investors collectively locked in a loss of -$4.234B in a single day.
#Investors collectively locked in a loss of -$4.234B in a single day.
What is #SOPR ?
The #SOPR (Spent Output Profit Ratio) a very simple indicator, which reflects the degree of realized profit and loss for all coins moved on-chain. It’s calculated from spent outputs, the realized value (#USD) divided by the value at creation (#USD) of the output. Or simply: price sold / price paid.
#SOPR values greater than 1 implies that the coins moved that day are, on average, selling at a profit (price sold is greater than the price paid).
#SOPR value less than 1 implies that the coins moved that day are, on average, selling at a loss (price sold is less than the price paid).
#SOPR value of exactly 1 implies that the coins moved that day are, on average, selling coins at break even.
Successive peaks of high SOPR (creating an indicator uptrend) suggest continual distribution, usually during a bullish price rallies. As more coins are spent back into liquid circulation, the probability of a local or macro market top increases.
The #SOPR (Spent Output Profit Ratio) a very simple indicator, which reflects the degree of realized profit and loss for all coins moved on-chain. It’s calculated from spent outputs, the realized value (#USD) divided by the value at creation (#USD) of the output. Or simply: price sold / price paid.
#SOPR values greater than 1 implies that the coins moved that day are, on average, selling at a profit (price sold is greater than the price paid).
#SOPR value less than 1 implies that the coins moved that day are, on average, selling at a loss (price sold is less than the price paid).
#SOPR value of exactly 1 implies that the coins moved that day are, on average, selling coins at break even.
Successive peaks of high SOPR (creating an indicator uptrend) suggest continual distribution, usually during a bullish price rallies. As more coins are spent back into liquid circulation, the probability of a local or macro market top increases.
What is Stable coin Supply Ratio (SSR) ?
The #Stablecoin Supply Ratio (#SSR) is the ratio between the# Bitcoin supply and the equivalent supply of stablecoins denoted in BTC. It is calculated as #Bitcoin Market cap / Stablecoin Market cap. This serves as a proxy for the supply/demand mechanics between #BTC and #USD.
The SSR oscillator is used by traders and analysts to identify market trends and potential buying or selling opportunities in Bitcoin.
When the #SSR is low, it indicates that the current stablecoin supply has more relative "buying power" to purchase #BTC.
When the #SSR is high, it indicates that the current stablecoin supply has less relative "buying power" to purchase #BTC.
The #Stablecoin Supply Ratio (#SSR) is the ratio between the# Bitcoin supply and the equivalent supply of stablecoins denoted in BTC. It is calculated as #Bitcoin Market cap / Stablecoin Market cap. This serves as a proxy for the supply/demand mechanics between #BTC and #USD.
The SSR oscillator is used by traders and analysts to identify market trends and potential buying or selling opportunities in Bitcoin.
When the #SSR is low, it indicates that the current stablecoin supply has more relative "buying power" to purchase #BTC.
When the #SSR is high, it indicates that the current stablecoin supply has less relative "buying power" to purchase #BTC.
$17.7M #USD earned through transactions fees, in a single day by miners. Also, we can see, these massive fees hikes comes nearby the top of the market.
What are the Benefits of Using CEX ?
There are several benefits to using Centralized Exchanges (#CEX) in the cryptocurrency space:
1. Liquidity: #CEX platforms typically have higher #liquidity compared to decentralized exchanges. This means there is a larger #pool of buyers and sellers, making it easier to execute trades quickly and at desired prices.
2. User-friendly Interface: #CEX platforms are often designed with a #user-friendly interface, making them more accessible to newcomers in the cryptocurrency space. They provide intuitive trading features, #charts, and order books that are easy to understand and navigate.
3. Security Measures: #CEX platforms implement various security measures, such as two-factor authentication (#2FA), encryption, and #cold storage for user funds. This helps protect against hacking and theft, giving users peace of mind when storing their assets.
4. Wide Range of Cryptocurrencies: CEX platforms typically offer a wide selection of #cryptocurrencies for trading. They list popular coins as well as newly launched tokens, giving users a broader range of #investment options.
5. Fiat-to-Crypto Support: Many CEX platforms support fiat currency #deposits and withdrawals, allowing users to easily convert between #cryptocurrencies and traditional currencies like #USD, #EUR, or #GBP. This makes it convenient for users to enter or exit the crypto market using their local currency.
6. Customer Support: CEX platforms often provide customer support #services to assist users with any issues or inquiries they may have. This can include live chat, email support, or dedicated support #tickets to address user concerns promptly.
It's important to note that while CEX platforms offer advantages in terms of liquidity, user-friendliness, and security, they also require users to trust a centralized entity with their funds. Decentralized exchanges (#DEX) provide an alternative option for those who prioritize self-custody and control over their assets.
There are several benefits to using Centralized Exchanges (#CEX) in the cryptocurrency space:
1. Liquidity: #CEX platforms typically have higher #liquidity compared to decentralized exchanges. This means there is a larger #pool of buyers and sellers, making it easier to execute trades quickly and at desired prices.
2. User-friendly Interface: #CEX platforms are often designed with a #user-friendly interface, making them more accessible to newcomers in the cryptocurrency space. They provide intuitive trading features, #charts, and order books that are easy to understand and navigate.
3. Security Measures: #CEX platforms implement various security measures, such as two-factor authentication (#2FA), encryption, and #cold storage for user funds. This helps protect against hacking and theft, giving users peace of mind when storing their assets.
4. Wide Range of Cryptocurrencies: CEX platforms typically offer a wide selection of #cryptocurrencies for trading. They list popular coins as well as newly launched tokens, giving users a broader range of #investment options.
5. Fiat-to-Crypto Support: Many CEX platforms support fiat currency #deposits and withdrawals, allowing users to easily convert between #cryptocurrencies and traditional currencies like #USD, #EUR, or #GBP. This makes it convenient for users to enter or exit the crypto market using their local currency.
6. Customer Support: CEX platforms often provide customer support #services to assist users with any issues or inquiries they may have. This can include live chat, email support, or dedicated support #tickets to address user concerns promptly.
It's important to note that while CEX platforms offer advantages in terms of liquidity, user-friendliness, and security, they also require users to trust a centralized entity with their funds. Decentralized exchanges (#DEX) provide an alternative option for those who prioritize self-custody and control over their assets.
What is #SOPR ?
The #SOPR (Spent Output Profit Ratio) a very simple indicator, which reflects the degree of realized profit and loss for all coins moved on-chain. It’s calculated from spent outputs, the realized value (#USD) divided by the value at creation (#USD) of the output. Or simply: price sold / price paid.
#SOPR values greater than 1 implies that the coins moved that day are, on average, selling at a profit (price sold is greater than the price paid).
#SOPR value less than 1 implies that the coins moved that day are, on average, selling at a loss (price sold is less than the price paid).
#SOPR value of exactly 1 implies that the coins moved that day are, on average, selling coins at break even.
Successive peaks of high SOPR (creating an indicator uptrend) suggest continual distribution, usually during a bullish price rallies. As more coins are spent back into liquid circulation, the probability of a local or macro market top increases.
The #SOPR (Spent Output Profit Ratio) a very simple indicator, which reflects the degree of realized profit and loss for all coins moved on-chain. It’s calculated from spent outputs, the realized value (#USD) divided by the value at creation (#USD) of the output. Or simply: price sold / price paid.
#SOPR values greater than 1 implies that the coins moved that day are, on average, selling at a profit (price sold is greater than the price paid).
#SOPR value less than 1 implies that the coins moved that day are, on average, selling at a loss (price sold is less than the price paid).
#SOPR value of exactly 1 implies that the coins moved that day are, on average, selling coins at break even.
Successive peaks of high SOPR (creating an indicator uptrend) suggest continual distribution, usually during a bullish price rallies. As more coins are spent back into liquid circulation, the probability of a local or macro market top increases.
#Bitcoin has broken to new all-time-highs relative to the #USD this week, clearing the $69.2k level, and rallying over $72.3k. If we only consider the major breaks above the prior cycle ATH, this would be the fourth new cycle ATH in history.
we can see whenever price breaks it #ATH, market enters into euphoria Zone, and make a continuous rally 🚀🚀
we can see whenever price breaks it #ATH, market enters into euphoria Zone, and make a continuous rally 🚀🚀
What is #SOPR ?
The #SOPR (Spent Output Profit Ratio) a very simple indicator, which reflects the degree of realized profit and loss for all coins moved on-chain. It’s calculated from spent outputs, the realized value (#USD) divided by the value at creation (#USD) of the output. Or simply: price sold / price paid.
#SOPR values greater than 1 implies that the coins moved that day are, on average, selling at a profit (price sold is greater than the price paid).
#SOPR value less than 1 implies that the coins moved that day are, on average, selling at a loss (price sold is less than the price paid).
#SOPR value of exactly 1 implies that the coins moved that day are, on average, selling coins at break even.
Successive peaks of high SOPR (creating an indicator uptrend) suggest continual distribution, usually during a bullish price rallies. As more coins are spent back into liquid circulation, the probability of a local or macro market top increases.
The #SOPR (Spent Output Profit Ratio) a very simple indicator, which reflects the degree of realized profit and loss for all coins moved on-chain. It’s calculated from spent outputs, the realized value (#USD) divided by the value at creation (#USD) of the output. Or simply: price sold / price paid.
#SOPR values greater than 1 implies that the coins moved that day are, on average, selling at a profit (price sold is greater than the price paid).
#SOPR value less than 1 implies that the coins moved that day are, on average, selling at a loss (price sold is less than the price paid).
#SOPR value of exactly 1 implies that the coins moved that day are, on average, selling coins at break even.
Successive peaks of high SOPR (creating an indicator uptrend) suggest continual distribution, usually during a bullish price rallies. As more coins are spent back into liquid circulation, the probability of a local or macro market top increases.
What is #SOPR ?
The #SOPR (Spent Output Profit Ratio) a very simple indicator, which reflects the degree of realized profit and loss for all coins moved on-chain. It’s calculated from spent outputs, the realized value (#USD) divided by the value at creation (#USD) of the output. Or simply: price sold / price paid.
#SOPR values greater than 1 implies that the coins moved that day are, on average, selling at a profit (price sold is greater than the price paid).
#SOPR value less than 1 implies that the coins moved that day are, on average, selling at a loss (price sold is less than the price paid).
#SOPR value of exactly 1 implies that the coins moved that day are, on average, selling coins at break even.
Successive peaks of high SOPR (creating an indicator uptrend) suggest continual distribution, usually during a bullish price rallies. As more coins are spent back into liquid circulation, the probability of a local or macro market top increases.
The #SOPR (Spent Output Profit Ratio) a very simple indicator, which reflects the degree of realized profit and loss for all coins moved on-chain. It’s calculated from spent outputs, the realized value (#USD) divided by the value at creation (#USD) of the output. Or simply: price sold / price paid.
#SOPR values greater than 1 implies that the coins moved that day are, on average, selling at a profit (price sold is greater than the price paid).
#SOPR value less than 1 implies that the coins moved that day are, on average, selling at a loss (price sold is less than the price paid).
#SOPR value of exactly 1 implies that the coins moved that day are, on average, selling coins at break even.
Successive peaks of high SOPR (creating an indicator uptrend) suggest continual distribution, usually during a bullish price rallies. As more coins are spent back into liquid circulation, the probability of a local or macro market top increases.