Definition. Short Term Holder SOPR (STH-SOPR) is SOPR computed only over spent outputs younger than 155 days, serving as an indicator of the behaviour of short-term investors.

Interpretation. Readings above 1 mean the cohort sold at an aggregate profit that day, readings below 1 mean it sold at a loss.

Notes. For more information, see STH-LTH SOPR and MVRV.