Mt. Gox Creditors Haven't Seen a Large Scale Sale of Compensation Bitcoin in the Market
Publication Time:2024-07-30 19:57:06
Recently, there has been varied interpretation in the market regarding the holding and handling of compensation bitcoins by Mt. Gox creditors. Through an in-depth analysis of data provided by the cryptocurrency analytics company, Glassnode, it is revealed that the total quantity of bitcoins allocated to Mt. Gox creditors amounts to approximately 59,000 coins, accounting for 41.5% of the total number of bitcoins involved in the Mt. Gox incident - 141,686 coins. This proportion indicates that despite creditors holding a substantial amount of compensation bitcoins, they have not immediately or on a large scale put them into the market for sale. Instead, the data shows that the actual volume of bitcoins sold on the market is relatively small, suggesting that Mt. Gox creditors are cautiously holding onto these assets, possibly awaiting more opportune moments or considering other long-term strategies.
Bitcoin
Mt. Gox
compensation
creditors
Market Sale