Over 41.5% of Mt. Gox Bitcoin distributed as creditors continue to hodl

The post Over 41.5% of Mt. Gox Bitcoin distributed as creditors continue to hodl appeared on BitcoinEthereumNews.com. Despite receiving over $4 billion worth of Bitcoin, which has appreciated by over 8,500% in the 10 years since Mt. Gox collapsed, the exchange’s creditors continue to hold their assets. Nearly half of the Bitcoin owed to Mt. Gox creditors has been distributed, but despite a decade of waiting, many creditors are still holding onto their coins. Over 41.5%, or 59,000 Bitcoin (BTC), of the total of 141,686 BTC, has been redistributed to creditors of the defunct Mt. Gox exchange. Despite receiving nearly $4 billion worth of Bitcoin, the Mt. Gox creditors aren’t selling, according to a July 29 Glassnode report. Read more Source: https://cointelegraph.com/news/mt-gox-creditors-hold-41-percent-bitcoin-distribution?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

Jul 31, 2024 - 02:00
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Over 41.5% of Mt. Gox Bitcoin distributed as creditors continue to hodl

The post Over 41.5% of Mt. Gox Bitcoin distributed as creditors continue to hodl appeared on BitcoinEthereumNews.com.

Despite receiving over $4 billion worth of Bitcoin, which has appreciated by over 8,500% in the 10 years since Mt. Gox collapsed, the exchange’s creditors continue to hold their assets. Nearly half of the Bitcoin owed to Mt. Gox creditors has been distributed, but despite a decade of waiting, many creditors are still holding onto their coins. Over 41.5%, or 59,000 Bitcoin (BTC), of the total of 141,686 BTC, has been redistributed to creditors of the defunct Mt. Gox exchange. Despite receiving nearly $4 billion worth of Bitcoin, the Mt. Gox creditors aren’t selling, according to a July 29 Glassnode report. Read more Source: https://cointelegraph.com/news/mt-gox-creditors-hold-41-percent-bitcoin-distribution?utm_source=rss_feed&utm_medium=feed&utm_campaign=rss_partner_inbound

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