Chart
Bitcoin on-chain metric
SOPR
Updated: 2026-06-30 02:10 UTC
Metric context
SOPR
Definition
Definition
SOPR measures whether spent coins are moving at profit or loss relative to their realized cost basis.
How to read it
Reading context
Values above 1 indicate coins are being spent in profit. Values below 1 indicate realized losses. The 1 level often acts as an important behavioral threshold.