Bitcoin Network's Stored Value Hits $1.03T 💰
Over the past year, Bitcoin’s stored capital increased by 85%, reaching $1.03 trillion—cementing its status as a "store of value." 🏦
Important: This differs from its market cap of $1.84T, as not every $1 entering the network directly boosts market value by $1.
CryptoQuant’s SoV indicator measures:
1️⃣ Off-chain: OTC trades (capital entering via exchanges).
2️⃣ On-chain: Deposits/withdrawals on and off exchanges.
Bitcoin’s economic strength continues to grow! 🚀
🤑
Crypto Community