CryptoQuant CEO: U.S. entities dominate Bitcoin holdings, 65% higher than foreign entities

2025-01-09 13:52:56
Collection

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated on X that the share of Bitcoin reserves held by U.S. entities is now 65% higher than that of non-U.S. entities. This ratio divides the Bitcoin holdings of known U.S. entities (including MicroStrategy, ETFs, exchanges, miners, and the government) by the Bitcoin holdings of known overseas entities.

Data shows that this ratio increased from 1.24 in September 2024 to 1.66 on December 16. As of January 6, the ratio is 1.65. For most of 2023, when the trading price of Bitcoin was below $30,000, data indicated that overseas Bitcoin holdings exceeded those of the U.S. holdings.

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
banner
ChainCatcher Building the Web3 world with innovators