CryptoQuant CEO: The total value of Bitcoin network storage has reached 1.03 trillion US dollars, an increase of 85% year on year
CryptoQuant CEO Ki Young Ju posted on X, stating that combining on-chain and off-chain data, the current total value storage (Store of Value) scale of the Bitcoin network has reached 1.03 trillion US dollars, an increase of 85% from 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 at the end of 2024, setting a new historical high.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Secretary of the National Security and Defense Council of Ukraine and his team have departed for the United States.
Shanghai's fintech industry scale in 2024 is approximately 440.5 billions yuan.
A certain whale shorted 5,000 ETH with 5x leverage, worth approximately $15.02 million.
Froggie market cap is now $8.18 million, with a 24-hour increase of 37.09%.