Definition. Long-Term Holder SOPR (LTH-SOPR) is SOPR computed only over spent outputs with a lifespan of at least 155 days, serving as an indicator of the behaviour of long-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.