BlockBeats news, on January 9, 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 known Bitcoin holdings of U.S. entities (including MicroStrategy, ETFs, exchanges, miners, and the government) by the known Bitcoin holdings of overseas entities.
Data shows that the ratio rose from 1.24 in September 2024 to 1.66 on December 16. As of January 6, the ratio was 1.65. Throughout most of 2023, when the trading price of Bitcoin was below $30,000, data indicated that overseas Bitcoin holdings exceeded those in the United States.
