Bitcoin long-term holders return to profit, analysts say market recovery signals emerge

BlockBeats news, October 13: Crypto analyst Darkfost posted that Bitcoin long-term holder SOPR (Spent Output Profit Ratio) has reclaimed and sustained its yearly average line of 1.10, meaning long-term holders have realized an average profit margin of about 10% over the past year.

Currently, the weekly average of BTC long-term holder SOPR is 1.25, and the monthly average is 1.16, both above the yearly average level, indicating improved market conditions and that long-term holders are realizing profits again.

Darkfost pointed out that this change is worth comparing with the previous bear market: when that bear market was nearing its end, long-term holders also began to profit again. He believes that moderate profitability in the market is a positive signal and may further boost investors' expectations for the outlook.