SOPD (Percent-Partitioned)

Spent Output Price Distribution (SOPD) is used to track the BTC that moved on the current day, the price range corresponding to the last move, and each bar chart shows the number of BTC that was in the corresponding range at the time (1 BTC moving multiple times in one day will be counted multiple times). Percent-Partitioned means that the price set is centered on the current price, and is divided up and down by 50 bars in increments of +/-2%.

1) BTC whose price at the time of the last move was higher than the current price (the right part of the current price in the graph) indicates a loss sell

2) BTC whose price at the last move was lower than the current price (the left part of the current price in the figure) indicates a profitable sell

This indicator shows the different holding costs of BTC moved on the day. The relationship between the holding cost and the price of the day reflects the profit/loss of the holder.