aSOPR in Profit

🔔 Signal: aSOPR (30D-SMA) > 1.0

aSOPR breaking, and holding above 1.0 signifies that the market is now, on average, realizing profits in on-chain spends. This generally aligns with both a healthier inflow of demand (to absorb profit taking), and a more constructive opinion of the asset.

Hint: a medium term moving average of 30-days is selected for this metric as it provides a slower, but higher conviction signal that a sustained recovery may be underway.

Indicator Result

This metric will flash 🔵 when this condition is met, indicating that the average spent output is realizing a profit.