Bitcoin LTH Data Turns Cautious: Supply Rises, But SOPR Stays Below 1.0
Bitcoin’s long-term holder cohort is still expanding, but a key profitability gauge has slipped back below neutral, creating a more cautious read on market structure even as older supply continues to move out of circulation. In an April 17 market note, on-chain analyst Axel Adler Jr. said Bitcoin’s LTH Realized Supply climbed from 5.26 million… Continue reading Bitcoin LTH Data Turns Cautious: Supply Rises, But SOPR Stays Below 1.0