If wallet X sends one bitcoin to wallet Y, it is assumed that the former is spending or selling coins to the latter. If the value at which X moved coins to Y was higher than at acquisition, X is said to have realized profit. A SOPR ratio above 1 indicates that coins moved, on average, are being sold at a profit.
Trending
Crypto-friendly Stripe weighs public offering: Report
Internet payment processor Stripe is reportedly eyeing a public offering and has set a 12-month timeline to explore the possibility.Stripe has hired Goldman Sachs...