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.