{"path":"/indicators/sopr_account_based","tier":3,"parameters":{"a":["BTC"],"c":["native"],"f":["csv","json"],"i":["10m","1h","24h"]},"queried":{"a":"BTC","path":"/v1/metrics/indicators/sopr_account_based"},"refs":{"docs":"https://docs.glassnode.com/basic-api/endpoints/indicators#get-v1-metrics-indicators-sopr_account_based","studio":"https://studio.glassnode.com/charts/indicators.SoprAccountBased","metric_variant":{"bulk":"/indicators/sopr_account_based/bulk","pit":"/indicators/sopr_account_based_pit"}},"bulk_supported":true,"timerange":{"min":1231006200,"max":1782558600},"modified":1782560400,"descriptors":{"name":"Entity-Adjusted SOPR","short_name":"Entity-Adjusted SOPR","group":"SOPR","tags":["on-chain","valuation","profit_loss","realized_profit_loss"],"description":{"default":"**Definition.** Entity-Adjusted SOPR is a variant of [SOPR](https://studio.glassnode.com/metrics?a=BTC\u0026m=indicators.Sopr) that discards transactions between addresses of the same entity (\"in-house\" transactions), so the aggregate accounts for real economic activity and provides an improved market signal compared to the raw UTXO-based counterpart.\n\n**Interpretation.** Readings above 1 mean the average coin moved that day was sold at a profit, readings below 1 mean it was sold at a loss.\n\n**Notes.** For more information on entity-adjustment and account-based metrics, read our articles [here](https://insights.glassnode.com/true-bitcoin-volume/) and [here](https://insights.glassnode.com/account-based-metrics).\n"},"data_sharing_group":"onchain"}}