CryptoQuant： US entities hold 65% more Bitcoin than non US entities

According to CryptoQuant, a blockchain analysis platform, the proportion of Bitcoin reserves held by US entities is currently 65% higher than that of non US entities. CryptoQuant CEO Ki Young Ju stated that the ratio is calculated by dividing the Bitcoin holdings of known US entities, including MicroStrategy, exchange traded funds (ETFs), exchanges, miners, and governments, by the Bitcoin holdings of known non US entities.

The data shows that the ratio surged from 1.24 in September 2024 to 1.66 on December 16th. As of January 6th, the ratio was 1.65. For most of 2023, when the price of Bitcoin is below $30000, data shows that non US entities hold more than US entities hold.

In the past three months, Trump, who supports cryptocurrency, won the US presidential election and promised to establish the country's strategic reserve of bitcoin, which brought positive sentiment to the whole market, pushing bitcoin above $100000, and the spot ETF of bitcoin also saw significant turnover and capital inflow.

The micro strategy of the world's largest Bitcoin enterprise holder continues to increase its Bitcoin holdings, which has also driven a "Bitcoin enterprise reserve wave". Several US listed companies have begun to purchase Bitcoin, and some other countries' companies have followed suit, such as Japanese listed company Metaplanet.