CryptoQuant: U.S. Entities Occupy Dominant Position in Bitcoin Holdings, 65% Higher Than Foreign Entities

BlockBeats News, January 9th, CryptoQuant CEO Ki Young Ju stated on X that the proportion of Bitcoin reserves held by U.S. entities is now 65% higher than non-U.S. entities. This ratio is calculated by dividing the known Bitcoin holdings of U.S. entities (including MicroStrategy, ETFs, exchanges, miners, and governments) by the known Bitcoin holdings of overseas entities.

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