Bitcoin Short Holders Turn Profitable As STH-SOPR Approaches Key Level
Key receivers
Bitcoin's short-term holder yield-to-profit ratio (SOPR) is approaching the critical 1 level. A sustained move above this level indicates a move from loss to organic profitability, confirming the existence of a market bottom.
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Bitcoin's short-term holder yield surplus (STH-SOPR) is climbing to the key 1 level, indicating that new investors are close to breaking even on their holdings, according to CryptoQuant data.
STH SOPR is coming out 📈
Short holders are now close to a breakout as STH SOPR nears the key 1.0 level.
Above 1 = Making a profit🔴 Below 1 = Realizing a loss
A sustained break above 1 may indicate bullish momentum has returned. pic.twitter.com/7s5u08iGnZ
— Maartun (@JA_Maartun) January 7, 2026
STH-SOPR measures the profitability of transactions that have owned their coins for less than 155 days by comparing the selling price to the buying costs.
When the indicator is set above 1, holders are realizing profit. Below 1 indicates loss awareness.
A sustained break above the 1.0 threshold has historically signaled the end of market volatility and a return to positive momentum for Bitcoin.
Bitcoin was trading around $91,000 at press time, down 2% in the last 24 hours, according to CoinGecko. The crypto asset rose above $94,000 earlier this week before pulling back.
