CryptoQuant CEO: Bitcoin, as a SoV, has a total stored capital valuation of US$1.03 trillion

PANews reported on December 30 that according to CryptoQuant CEO Ki Young Ju’s estimate, combining on-chain and off-chain data, the total stored capital of the Bitcoin network increased by 85% this year, reaching $1.03 trillion. Estimation methods include:

1. Off-chain trading : Calculate the capital flowing into the market through the exchange by multiplying the exchange reserve amount by VWAP (weighted average price).

2. On-chain transactions : Use realized market capitalization (Realized Cap) to track capital inflows from over-the-counter transactions (OTC) and exchange on-chain activities.

The above data are combined to form the "Storage of Value Index" (SoV Index), which reflects the level of capital storage of Bitcoin in the network.