Santiment: Bitcoin Realized Profit Hits $1.03B, Second-Largest This Year
- —Realized profit on October 8 was about $1.03 billion
- —The yearly high stands at roughly $1.04 billion
- —SOPR above 1 means coins moved at an average profit
- —The metric does not show who moved coins or whether they hit exchanges
Why it matters: Rising realized profit can hint at seller pressure, but it needs exchange inflow data to confirm actual selling.
Source: TokenPost