Long-term Bitcoin holders are profiting as the Spent Output Profit Ratio (SOPR) reaches a new milestone. However, profit-taking may be putting pressure on Bitcoin's steady climb.
![Bitcoin [BTC] long-term holders cash in: Will the market crumble under sell-offs](https://images.cryptocompare.com/news/default/ambcrypto.png "Bitcoin [BTC] long-term holders cash in: Will the market crumble under sell-offs")
