Summary
- It was reported that over 1,500 trillion won is stored in Bitcoin's on and off-chain networks.
- The amount stored in the Bitcoin network increased by 85% this year.
- It was mentioned that Bitcoin functions as a Store of Value.

It has been revealed that over 1,500 trillion won is stored in the on and off-chain networks of Bitcoin (BTC).
Ki-Young Ju, CEO of CryptoQuant, stated on X, "Bitcoin functions as a Store of Value (SOV)," adding, "When combining on-chain and off-chain data, the total amount stored in the network is $1.03 trillion (approximately 1,512 trillion won)," on the 30th. Ju noted, "This is an 85% increase this year."

JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul


![[Exclusive] KakaoBank meets with global custody heavyweight…possible stablecoin partnership](https://media.bloomingbit.io/PROD/news/a954cd68-58b5-4033-9c8b-39f2c3803242.webp?w=250)
