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A sophisticated on-chain indicator that calculates Bitcoin market conditions by combining NUPL, SOPR, and MVRV metrics using Z-score normalization to identify potential market tops and bottoms.
A Bitcoin on-chain indicator that analyzes Spent Output Profit Ratio (SOPR) to provide insights into market sentiment by comparing short-term and long-term trends.
The SOPR Z-Score is an advanced on-chain metric that analyzes Bitcoin seller behavior by measuring the ratio of spent outputs relative to their original purchase price, normalized statistically.
A Glassnode on-chain metric that tracks profit or loss in cryptocurrency transactions, using Spent Output Profit Ratio (SOPR) and a normalized Z-Score to assess market sentiment.
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![Spent Output Profit Ratio (SOPR) Z-Score | [DeV] chart preview](/_next/image?url=%2Fmedia%2F25161.png&w=3840&q=90&dpl=dpl_Jt27hmzh6tNsGuJ13vyBBWgv8XSW)
