Bitcoin Long-Term Holders Realize Losses as SOPR Drops Below 1.0, Glassnode Reports
Long-term Bitcoin holders who rarely move their coins are now selling at a loss, Glassnode on-chain data show. The firm's LongTerm Holder SOPR indicator fell below 1.0, signaling these investors are realizing losses on-chain. Glassnode noted stress levels in this group match periods such as the LUNA crash, indicating pressure on what has been considered Bitcoin's last line of holder resilience.