Coinbase: The indicator shows that recent spot demand has been strong enough to absorb excess selling pressure.

MarsBitNews · 2026-03-11T04:47:05+00:00

Coinbase Institutional stated that the Short-Term Holder Profit and Loss Ratio (SOPR) indicator can assess whether buyers are in profit or loss. Recently, the SOPR for Bitcoin and Ethereum has rebounded, indicating that the market's ability to absorb selling pressure has strengthened, suggesting strong spot demand.

MarsBitNews

2026-03-11 04:47:05

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Crypto Mars News: On March 11, Coinbase Institutional, which serves institutional clients, posted on social media that the Short-Term Holder Profit and Loss Ratio (SOPR) indicator can measure whether recent buyers are selling assets at a profit or a loss. This helps us understand whether new entrants are panic-selling at a loss. Such dynamics often wipe out the “weak hands” and reset spot positions cleanly. Since late February, the SOPR indicators for Bitcoin and Ethereum short-term holders have both rebounded, indicating that recent spot demand has been strong enough to absorb reverse selling pressure, demonstrating a more resilient market position.

BTC-1.86%

ETH-2.15%

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