NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

Bitcoin Long-Term Holders Realize March 2020-Like Losses As BTC Crashes

Keshav Verma
Keshav Verma
1 year ago
3 mins read
Bitcoin

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

On-chain data shows the Bitcoin long-term holder SOPR has dropped to March 2020 levels as the price of the crypto crashes below $24k.

Bitcoin Long-Term Holder SOPR Plunges Deeper Below One

As pointed out by an analyst in a CryptoQuant post, BTC long-term holders are now realizing a similar level of loss as during March 2020.

The “spent output profit ratio” (or SOPR in brief) is an indicator that tells us whether Bitcoin investors are selling at a profit or at a loss right now.

The metric works by looking at the on-chain history of each coin being sold to see what price it was previously moved at.

If this last price was less than the current value of the crypto, then that particular coin has now been sold at a profit.

Related Reading | Bitcoin Slides As CPI Report Hints At Soaring Inflation – More Bearish Pressure Ahead?

On the other hand, the previous selling value being more than the latest price would imply the coin realized a loss.

When the value of SOPR is greater than one, it means the overall BTC market is selling at a profit at the moment. Values less than one, on the contrary, imply that investors as a whole are realizing losses right now.

“Long-term holders” (LTHs) are those Bitcoin investors who hold their coins for at least 155 days without selling them.

Here is a chart that shows the trend in the BTC SOPR specifically for these LTHs:

Bitcoin Long-Term Holder SOPR

The value of the 20-day MA LTH SOPR looks to have plunged down recently | Source: CryptoQuant

As you can see in the above graph, the Bitcoin long-term holder SOPR dropped below one in value just a while ago, showing that LTHs have been selling at a loss recently.

The degree of LTH loss realization right now is the same as it was back in March 2020, following the crash due to COVID-19. The crypto also hit a bottom around then.

Related Reading | Head To Head: Bitcoin, Ethereum Profitability For Investors

The long-term holders now suffering from similar pain as back then may suggest that the market may soon see a bottom this time as well.

BTC Price

At the time of writing, Bitcoin’s price floats around $23.5k, down 24% in the last seven days. Over the past month, the crypto has lost 19% in value.

The below chart shows the trend in the price of the coin over the last five days.

Bitcoin Price Chart

Looks like the value of the crypto has crashed down over the last couple of days | Source: BTCUSD on TradingView

Today, Bitcoin plummeted below the $24k mark for the first time since December 2020, over 18 months ago. Currently, it’s unclear whether the crash has passed or if the coin will decline further still.

Featured image from Unsplash.com, charts from TradingView.com, CryptoQaunt.com
Tweet123Share196ShareSend
Keshav Verma
Keshav Verma

Keshav Verma

Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021.

Read more

Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to.

In terms of official educational qualifications, Keshav holds a bachelor’s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions.

Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true.

Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn’t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment..

Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form.

Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new.

As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money.

Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn’t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs.

Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Andamento Ethereum: Fenomeno Monday Trap

Ethereum (ETH) ha recentemente raggiunto un nuovo massimo storico oltre i 4.900$, per poi subire una correzione. Attualmente il prezzo...

clararosati 1 hour ago
bitcoin

Bitcoin: «Δεν θα υπάρξει bear market για αρκετά χρόνια», λέει ο σύμβουλος του Trump

Ο David Bailey, σύμβουλος του Προέδρου των ΗΠΑ Donald Trump και CEO της Nakamoto Holdings, εκτιμά ότι η αγορά του...

Ιωάννης Ριζόπουλος 2 hours ago
Биткоин поступает на биржи

Массовые продажи Биткоина: на биржи поступило BTC на $2,2 млрд

Крипторынок снова штормит. За последние две недели инвесторы перевели на биржи более 20 000 BTC, а это свыше $2,2 млрд...

daria 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin crash

Pundit Says Bitcoin Price Crash Is Not Over, Why A Decline Below $100,000 Is Coming

Sandra White 10 minutes ago
dogecoin-actualites-live-27-aout-2025

Actualité live Dogecoin – 27 août 2025 : éclairages et analyses

guillaumev 17 minutes ago
Bitcoin MVRV Compression Signals Pause – Market Digests Recent Volatility

Bitcoin MVRV Compression Signals Pause – Market Digests Recent Volatility

Sebastian Villafuerte 1 hour ago

Premium Sponsors

Press Releases

  • トレーダーが90ドルを投資し、トークンが5,500%急騰して325万ドルに達した事例は、まさに仮想通貨おすすめの成功例と言える。

    ...

    12 minutes ago
  • 新しい仮想通貨の購入チャンス、プレセール最終日まであと24時間

    ...

    28 minutes ago
  • 次のブルラン終了までに、これら5つのアルトコインに104ドル投資すると、1,040,000ドルに成長する可能性

    ...

    45 minutes ago
  • トランプ氏がDOGEに全力投資も、本当の全力ミームコインは別に存在 – 残り15時間

    ...

    1 hour ago
  • 3 altcoinok, amelyeket érdemes figyelni szeptemberben a nyereségért: Maxi Doge, Ethereum, Dogecoin

    3 altcoinok, amelyeket érdemes figyelni szeptemberben a...

    1 hour ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.