CryptoQuant CEO Shared the Amounts of Bitcoin (BTC) in Countries!
Which country holds the most Bitcoin (BTC)?
Recently, BTC sales by the German government have been on the agenda of the cryptocurrency industry. Crypto assets, which faced selling pressure due to these sales and the emerging news, have still not managed to recover.
Ki Young Ju, CEO of CryptoQuant, a successful analytics company, shared some reports on the German government's BTC transfers:
“Germany confiscated 50 thousand Bitcoins and sold around 3 thousand BTC.
With the rise in BTC price, the value of assets held by the German government increased by $1.1 billion to $3.24 billion.
Germany's seized Bitcoin assets are the 4th largest state BTC reserve.”
Apart from this critical information, it also listed the amounts of Bitcoin (BTC) held by states.
USA – 213,246 Bitcoins (BTC)
China – 190 thousand Bitcoins (BTC)
United Kingdom – 61 thousand Bitcoins (BTC)
Germany – 50 thousand Bitcoins (BTC)
Ukraine – 46,351 Bitcoins (BTC)
El Salvador – 5,779 Bitcoins (BTC)
Bhutan – 621 Bitcoins (BTC)
Venezuela – 240 Bitcoins (BTC)
(As of now, according to official records, Turkey does not have any Bitcoin (BTC).)