{"path":"/indicators/sopr","tier":1,"parameters":{"a":["INDEX"],"c":["native"],"f":["csv","json"],"i":["10m","1h","24h","1w","1month"]},"queried":{"a":"INDEX","path":"/v1/metrics/indicators/sopr"},"refs":{"docs":"https://docs.glassnode.com/basic-api/endpoints/indicators#get-v1-metrics-indicators-sopr","studio":"https://studio.glassnode.com/charts/indicators.Sopr","metric_variant":{"bulk":"/indicators/sopr/bulk","pit":"/indicators/sopr_pit"}},"bulk_supported":true,"timerange":{"min":1601964000,"max":1792285800},"modified":1792286613,"descriptors":{"name":"Spent Output Profit Ratio (SOPR)","short_name":"SOPR","group":"SOPR","tags":["on-chain","valuation","profit_loss","realized_profit_loss"],"description":{"default":"**Definition.** Spent Output Profit Ratio (SOPR) is the ratio of realized value to creation value across spent outputs.\n\n**Technical.** For each spent output, the ratio is computed as realized value (in USD) divided by value at creation (USD), or simply price sold divided by price paid.\n\n**Interpretation.** Readings above 1 mean the average coin moved was sold at a profit. Readings below 1 mean it was sold at a loss.\n\n**Notes.** Created by [Renato Shirakashi](https://twitter.com/renato_shira). For more information, see his post on [using spent outputs to predict Bitcoin lows and tops](https://medium.com/unconfiscatable/introducing-sopr-spent-outputs-to-predict-bitcoin-lows-and-tops-ceb4536b3b9).\n"},"data_sharing_group":"onchain"}}