Bitcoin LTH SOPR
LTH SOPR is the version of SOPR applied only to UTXOs spent by long-term holders (generally coins held over 155 days) - it shows when experienced/long-term investors shift into profit-taking.
Preview: the last 90 days of real data, up to September 27, 2026. The full history and live data are available with Cedvel Pro.
Source: lth_sopr_24h (bitview.space / Bitcoin Research Kit)
What is it?
SOPR applied only to UTXOs spent by long-term holders (LTH, generally coins held over 155 days).
How is it calculated?
The same SOPR formula, limited to spending from the LTH cohort only.
How to read it
Shows when experienced/long-term investors shift into profit-taking - very high LTH SOPR values (multiple times profit) have historically been seen close to cycle tops, since long-held coins have a very low cost basis and selling profit peaks in these periods.
Things to watch out for
LTH SOPR is structurally always higher-trending than STH SOPR (because its cost basis is lower) - its position/trend relative to its own historical norm is more meaningful than its absolute level.
Historical usage
Very high LTH SOPR values (multiple times profit) have historically been seen close to cycle tops, because long-held coins carry a very low cost basis and selling profit reaches its peak in these periods.
Frequently Asked Questions
How is LTH SOPR different from regular SOPR?
It uses the same SOPR formula, but is limited to spending from the long-term holder (LTH) cohort only.
Why is LTH SOPR structurally high?
LTH SOPR structurally tends to run higher than STH SOPR (because its cost basis is lower) - its absolute level matters less than its position/trend relative to its own historical norm.
What does a rise in LTH SOPR mean?
It shows that experienced/long-term investors have shifted into profit-taking - very high values have historically overlapped with periods close to cycle tops.