CryptoQuant CEO: The total value storage of the Bitcoin network has reached $1.03 trillion, an increase of 85% compared to the same period last year

ChainCatcher message, CryptoQuant CEO Ki Young Ju posted on X that combining on-chain and off-chain data, the current total value storage (Store of Value) of the Bitcoin network has reached $1.03 trillion, an increase of 85% compared to the same period last 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.