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

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.

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Nearly half of the Bitcoin owed to Mt. Gox creditors has been distributed, but after a decade of waiting, many creditors are still holding onto their coins.

Over 41.5%, or 59,000 Bitcoin (BTC) from 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.

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