I came across an interesting set of data—the global BTC holding ratio rankings.
The United Arab Emirates leads with a holding ratio of 31%, which indeed reflects the Middle East's emphasis on digital assets. Following closely is Turkey at 25.6%, and Singapore ranks third with 24%. Interestingly, Vietnam surprisingly made it into the top four, which may be related to local demographics and the penetration rate of the crypto community.
Looking at this list, it's not hard to see that Asia and the Middle East are becoming the main players in the global BTC market. The timing and intensity of each country's entry vary, and market fluctuations follow accordingly. When we will see more new participants entering the market might be the real turning point.
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0xSleepDeprived
· 19h ago
UAE 31%? That number is a bit outrageous, seems like there's a lot of water in it.
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Vietnam making the list is indeed unexpected, but thinking about it, these data points are already quite suspicious.
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New blood entering the market? Haha, it's already a dead pond now.
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This ranking just seems like a joke; anyone who believes it is foolish.
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Middle East is疯狂ly bottom-fishing, and we're still hesitating.
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Vietnam has a large population base, so the ratio might not be that high when spread out.
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I have confidence in Asia; Europe and America are already old.
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Where does this data come from? It just feels off.
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New blood? Not at all, right now it's the era of big players harvesting the little guys.
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Turkey faces high inflation pressure, no wonder they hold onto BTC tightly.
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MEV_Whisperer
· 19h ago
UAE 31% takeoff directly, this wave in the Middle East is really quietly gaining momentum
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just_another_fish
· 19h ago
Vietnam's dark horse is truly amazing. I've heard for a while that their crypto community is extremely active. Now that the data is out, it's really impressive.
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EternalMiner
· 19h ago
The 31% figure for the UAE is outrageous, is it real or not? It feels a bit off...
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Why can Vietnam squeeze in? Is the per capita holding amount that high? I find it hard to understand.
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Wait, how is this ranking calculated? Is it by the number of people holding coins or the total amount? The question isn't clear.
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Turkey's inflation is so severe, yet they still hold so much BTC. They are indeed backed into a corner.
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New blood entering the market? Bro, isn't it already bloody enough? The leek harvest is almost out of control.
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I believe the Middle East is rich, but the 31% figure warrants a question mark. Should we verify the source?
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It's interesting, but what does it really mean? Holding more doesn't equal making more money, brother.
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Asia is the real main stage; Americans are falling behind, haha.
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RugpullTherapist
· 19h ago
It's a bit outrageous that Vietnam has squeezed into the top four. Does this guy really understand cryptocurrencies?
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NeverVoteOnDAO
· 19h ago
The data from Vietnam seems a bit off; it feels exaggerated.
I came across an interesting set of data—the global BTC holding ratio rankings.
The United Arab Emirates leads with a holding ratio of 31%, which indeed reflects the Middle East's emphasis on digital assets. Following closely is Turkey at 25.6%, and Singapore ranks third with 24%. Interestingly, Vietnam surprisingly made it into the top four, which may be related to local demographics and the penetration rate of the crypto community.
Looking at this list, it's not hard to see that Asia and the Middle East are becoming the main players in the global BTC market. The timing and intensity of each country's entry vary, and market fluctuations follow accordingly. When we will see more new participants entering the market might be the real turning point.