Long-Term Bitcoin Holders Are Profitable for First Time in 11 Months, Blockchain Data Shows

Bitcoin’s long-term holder spent output profitability ratio (LTH-SOPR) shows coins moved onchain that have a lifespan of at least 155 days or higher are being sold at profit. That suggests the bitcoin bear may be behind us.Read MoreCoinDesk: Bitcoin, Ethereum, Crypto News and Price Data[#item_full_content]