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Bitcoin SOPR and Realised Profit/Loss Ratio: Structural Strength Continues at $109K

  • Doc by Doc
    Doc Doc
    Host of the CU Podcast. Bitcoin believer, a bit of gem connoisseur, not averse to a degen move. His two passions: Crypto and Liverpool FC. Believes Romário is the greatest finisher of all time.
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  • June 10, 2025
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Bitcoin SOPR and Realised Profit/Loss Ratio: Structural Strength Continues at $109K
Photo by Logan Voss / Unsplash
  • Bitcoin Onchain

Bitcoin is currently trading just under $109,000, maintaining a structurally robust position. To gauge whether this price level is indicative of strength or impending stress, I closely analysed two key on-chain metrics: the Spent Output Profit Ratio (SOPR) and the Realised Profit/Loss Ratio. Both indicators are essential for understanding the nature of realised gains and losses across Bitcoin's current market cycle.


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Doc Doc
Host of the CU Podcast. Bitcoin believer, a bit of gem connoisseur, not averse to a degen move. His two passions: Crypto and Liverpool FC. Believes Romário is the greatest finisher of all time.
  • X
  • Website
Doc Doc
Host of the CU Podcast. Bitcoin believer, a bit of gem connoisseur, not averse to a degen move. His two passions: Crypto and Liverpool FC. Believes Romário is the greatest finisher of all time.
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