Rafael Puerari on Nostr: Mt. Gox has distributed 108.79k BTC, reducing its holdings from $8.63 billion in July ...
Mt. Gox has distributed 108.79k BTC, reducing its holdings from $8.63 billion in July to $2.01 billion by August 23, 2024. This significant drop highlights the winding down of distributions, with 96k BTC already delivered to major partners like Bitstamp. The remaining 46k BTC might take years to distribute, easing sell pressure on the market and creating a more stable outlook for Bitcoin for the rest of the year
Published at
2024-08-23 15:56:48Event JSON
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"pubkey": "fc53696e87dbccb7b59396d37be41412add3d0740edbca6e4af3ad30ff98381e",
"created_at": 1724428608,
"kind": 1,
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"content": "Mt. Gox has distributed 108.79k BTC, reducing its holdings from $8.63 billion in July to $2.01 billion by August 23, 2024. This significant drop highlights the winding down of distributions, with 96k BTC already delivered to major partners like Bitstamp. The remaining 46k BTC might take years to distribute, easing sell pressure on the market and creating a more stable outlook for Bitcoin for the rest of the year\n\nhttps://m.primal.net/KJcw.jpg\n",
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}
