CoinVoice has recently learned that Ki Young Ju, the CEO of CryptoQuant, 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 rose from 1.24 in September 2024 to 1.66 on December 16. As of January 6, the ratio stands at 1.65. For most of 2023, when Bitcoin trading prices were below $30,000, data indicated that overseas Bitcoin holdings exceeded those held by the U.S. [Original link]
