Bitcoin 30-Day Long-Term Holder SOPR Is Yet To Hit Bottom Values

On-chain data shows the Bitcoin 30-day long-term holder SOPR hasn’t yet reached the historical bottom level during the current cycle.
Bitcoin 30-Day Long-Term Holder SOPR Has Declined Recently
As pointed out by an analyst in a CryptoQuant post, the long-term holders haven’t attained their maximum pressure point yet.
The “Spent Output Profit Ratio” (or SOPR in short) is an indicator tells us whether the average Bitcoin investor is selling at a profit or at a loss right now