Bitcoin's adjusted Spent Output Profit Ratio (SOPR) has remained above 1 for nine consecutive days since May 1, indicating sustained profitability for the cryptocurrency. A SOPR value above 1 suggests that Bitcoin is being spent at a profit, contrasting with values below 1, which indicate losses. This marks the longest positive SOPR streak since October 2025, when a 17-day run was recorded. Despite the current profitability, Bitcoin's price structure remains stable, trading at $80,958.20 after a 2.51% increase over the past week and an 11% rise over the past month. Other on-chain metrics, such as the MVRV ratio and Net Realized Profit and Loss (NRPL), also reflect increased profitability for short-term traders, though long-term investors still face unrealized losses. While realized profits are lower compared to 2025, the market shows signs of stabilization with reduced speculative activity.