Bitcoin News Today: Bitcoin's SOPR Surges to 2.5 in 2025 as Long-Term Holders Take Profits, Bull Market Eyes 4.0 Threshold

The Spent Output Profit Ratio (SOPR) for Bitcoin long-term holders has reached record levels in 2025, reflecting heightened profit-taking activity among investors who have held the asset through multiple market cycles. This surge aligns with Bitcoin’s recent rally to an all-time high, signaling renewed confidence in the cryptocurrency’s long-term value. The SOPR metric, which measures the realized profit or loss of spent Bitcoin units, has climbed to new heights, surpassing the mid-range threshold but remaining below the historical “red zone” typically associated with the peaks of bull cycles.

According to analysis from a market expert cited in a recent CryptoQuant report, the rising SOPR indicates that long-term investors are increasingly selling their holdings at a profit. However, the expert notes that the current level of the metric—slightly above 2.5 and below the critical 4.0 threshold—suggests the bull market may still have room to extend before encountering a potential correction. Historically, SOPR levels above 4.0 have marked the upper end of price cycles, often preceding periods of mass distribution or market euphoria. The current trajectory implies that Bitcoin’s price could continue its upward trend, but investors are advised to remain cautious as the cycle matures.

The expert highlights that while profit-taking is accelerating, selling pressure has not yet reached excessive levels. This distinction is critical, as extreme SOPR readings often correlate with market tops and subsequent downturns. The current environment remains heated, with long-term holders demonstrating a willingness to lock in gains without triggering widespread dumping. This behavior contrasts with previous cycles, where rapid SOPR spikes were followed by sharp sell-offs. However, the expert cautions that the market is still in a phase of consolidation and that significant corrections could occur if on-chain activity diverges from price action.

Bitcoin’s SOPR surge underscores the interplay between investor behavior and price trends. As long-term holders continue to realize gains, the market’s ability to sustain momentum will depend on whether institutional demand and macroeconomic conditions align with the bullish narrative. For now, the data suggests the bull cycle remains intact, but historical patterns remind investors to monitor key metrics for signs of exhaustion. The path forward will likely hinge on whether the SOPR can break through the 4.0 barrier—a development that would signal a potential inflection point for the market.