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 message, regarding "The U.S. Department of Justice has been authorized to sell $6.5 billion in seized Silk Road Bitcoin," CryptoQuant CEO Ki Young Ju posted on X: "Last year, based on realized market cap, $379 billion entered the market, about $1 billion per day. The $6.5 billion (Bitcoin) sold by the U.S. government could be absorbed within a week. Don't panic."

ChainCatcher news, according to Cryptoquant CEO Ki Young Ju on social media, this round of BTC bull market may be the longest in history, with new sources of liquidity steadily driving the market, and more liquidity waiting to be released.

ChainCatcher news, Cryptoquant CEO Ki Young Ju posted on the X platform stating that Trump will strengthen Bitcoin.In this tweet, he cited yesterday's news that the US dollar index has surpassed the 109 mark.

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that BlackRock's IBIT weekly net flow has turned negative for the first time in three months, which suggests that the continuous purchases of the Bitcoin spot ETF seem to have paused.

ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on X that combining on-chain and off-chain data, the current total Store of Value of the Bitcoin network has reached $1.03 trillion, an increase of 85% this year. From the SoV index trend chart he shared, it can be seen that this indicator shows a significant upward trend by the end of 2024, reaching a historical high.

ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on platform X that the Korean won to US dollar exchange rate has fallen to its lowest point in 15 years, and Koreans are exchanging won for BTC and USDT on Upbit at a premium of 3-5%.

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated, "Whales are accumulating Bitcoin through privacy transactions. The annual number of CoinJoin transactions has tripled over the past two years. While some attribute this surge to hackers laundering money, Chainalysis reports that this year's total hacker losses amount to $2.2 billion, which is less than 0.5% of the $377 billion in Bitcoin realized market inflows.In 2024, 1.55 million BTC flowed into accumulation addresses, mainly related to ETFs, MicroStrategy, and custodial wallets. Whales often transfer funds to emerging institutional investors through privacy transactions. Aside from the disclosed holdings, approximately 240,000 to 420,000 BTC remain with unidentified accumulators. Who are these whales?"

ChainCatcher news, CryptoQuant CEO Ki Young Ju pointed out that Bitcoin's market share previously experienced a 6% drop (with XRP contributing 3%), but it has started to recover. Currently, only a few altcoins are attracting new liquidity, and the scale of funds rotating from Bitcoin to altcoins is limited. Ki Young Ju believes that this is not a traditional altcoin season, but rather an independent market for a few outstanding tokens.

ChainCatcher message, CryptoQuant CEO Ki Young Ju posted on social media: "The Korean won and other domestic assets are completely unattractive. The government is unaware of this and is merely forcing price maintenance, which has led to a surge in the exchange rate. The USDT traded on Upbit has already reached an IMF crisis-level exchange rate.I personally believe that there is a massive outflow of national wealth occurring. Many wealthy individuals I know are leaving South Korea. The outflow of national wealth is just a reflection of the country's cognitive ability, isn't it?" He further pointed out: "The government should not forcibly retain capital fleeing overseas, but rather think about how to encourage capital to return voluntarily.We need to cultivate industries, provide incentives for investors, and open up business opportunities. I hope to stop these unnecessary regulations. Due to my limited understanding of domestic politics, I don't know who can make such changes. As a Korean company, I have persisted for 7 years, but now I am also considering whether I should leave South Korea. It is truly frustrating."

ChainCatcher news, CryptoQuant CEO Ki Young Ju pointed out that Korean crypto whales are accumulating USDT on a large scale. The USDT/KRW trading pair on Upbit exchange has a premium of about 3% compared to the official exchange rate, with the USDT price reaching 1,559 won. This unofficial exchange rate level is close to the period of the 1998 IMF crisis, setting a new high in 26 years.

ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on X, stating that the debate over Bitcoin's strategic reserves has evolved into a dilemma:Supporters argue: As the dominance of the dollar weakens, Bitcoin will become an inevitable alternative and should be adopted early.Opponents worry: Bitcoin threatens the dollar's hegemonic status and should not disrupt the status quo.

ChainCatcher news, CryptoQuant CEO Ki Young Ju posted that the KRW to USD exchange rate is about to hit a 15-year high. He reviewed the history of South Korea overcoming the crisis during the 1998 IMF bailout by mobilizing gold from the public and stated that South Korea may currently need to launch a "digital gold mobilization campaign." Ki Young Ju emphasized that South Korea is the country that most needs to establish a Bitcoin strategic reserve.

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that the probability of MicroStrategy going bankrupt is extremely low. For 15 years, Bitcoin has never fallen below the cost basis of long-term holders, which is currently around $30,000. MicroStrategy's debt is $7 billion, while the value of its Bitcoin holdings is $46 billion. Based solely on its Bitcoin holdings, its liquidation price is $16,500.

ChainCatcher news, CryptoQuant founder and CEO Ki Young Ju posted on the X platform that Bitcoin will not be cracked by quantum computers in this decade------and it is unlikely to happen even in the next decade. Do not be fooled by those who do not know what they are talking about, and by baseless FUD.

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated, "According to the realized market cap metric, Bitcoin currently attracts about $80 billion in inflows each month. Nearly half of the funds accumulated in the Bitcoin market over the past 15 years were added this year. If you don't understand what this means, then you still don't understand Bitcoin."

ChainCatcher news, CryptoQuant CEO Ki Young Ju posted on X platform that Microstrategy (MSTR) is not in a bubble. As the company continues to accumulate BTC, their Bitcoin holding premium has decreased from 240% to 99% over the past 4 weeks. If they balance NAV (Net Asset Value) and BTC premium when purchasing, both MSTR and BTC prices can undoubtedly rise steadily.

ChainCatcher message, CryptoQuant CEO Ki Young Ju stated that the President of South Korea has declared a state of emergency, and all media and publications will be subject to censorship by the emergency authorities. Ki Young Ju urged the social platform X to provide a space for free speech for the people of South Korea and requested help from X platform owner Elon Musk.

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated that the President of South Korea has declared a state of emergency, and all media and publications will be subject to censorship by the authorities.Ki Young Ju urged the social platform X to provide a space for free speech for the people of South Korea and requested assistance from X platform owner Elon Musk.

ChainCatcher message, CryptoQuant CEO Ki Young Ju posted on X: "This altcoin season will be different from what you expect. It will be peculiar and challenging, with only a few projects winning the race. Market sentiment is good, but there isn't much new liquidity.Bitcoin is decoupling from the crypto ecosystem. Bitcoin has established its own paper-based L2 ecosystem through ETFs, MSTR, funds, etc. In this ecosystem, bridging to other altcoins is impossible.Altcoins used to move in correlation with BTC, but that pattern has now been broken. Only a few altcoins are beginning to show independent trends as they attract new liquidity.Altcoins now have two options: create a paper-wrapped version like Bitcoin, or build a real internet currency ecosystem using stablecoins or BTC. Altcoin investors should find a cryptocurrency that can achieve one of these two and hold it for the long term."