Golden Finance reported that Ki Young Ju, CEO of CryptoQuant, tweeted that the estimated scale of Bitcoin SoV (store of value) is US$1.03 trillion, an increase of approximately 85% this year. The calculation method is (off-chain) exchange trading: exchange reserves multiplied by VWAP to estimate the funds entering the market through the exchange; (on-chain) OTC trading and exchange deposits/withdrawals: Bitcoin execution and settlement occur simultaneously . Capital inflows from over-the-counter or exchange on-chain activity can be estimated by a real cap, which tracks the actual moving cost basis.