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.