Another wave of Bitcoin could be flooding the market as Mt. Gox prepares to continue creditor repayments. Will 99% of the Mt. Gox creditors really sell their Bitcoin?
Mt. Gox is preparing to repay creditors through the Bitstamp cryptocurrency exchange, according to the latest onchain fund movements.
The address associated with Mt. Gox has executed the first test transactions to the Bitstamp cold wallets.
The test transactions were flagged by blockchain intelligence firm Arkham Intelligence, in a July 22 X post.
