Data <\/a>from CryptoQuant shows a significant increase in Bitcoin withdrawals from Kraken, one of the exchanges managing the repayments. Over the past 24 hours, more than 5,000 BTC, worth about $329 million, has been withdrawn.<\/p>\n\n\n\n Many recipients are transferring their recovered assets to self-custody wallets instead of cashing out immediately.<\/p>\n\n\n\n At the time of writing, the price of BTC is trading at $64.5k which is a 2.5% decline from the past 2 days.<\/p>\n","post_title":"Mt. Gox Begins Repaying Creditors, Moves $2.5 Billion In BTC","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"mt-gox-begins-repaying-creditors-moves-2-5-billion-in-btc","to_ping":"","pinged":"","post_modified":"2024-07-26 21:53:15","post_modified_gmt":"2024-07-26 11:53:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
Data <\/a>from CryptoQuant shows a significant increase in Bitcoin withdrawals from Kraken, one of the exchanges managing the repayments. Over the past 24 hours, more than 5,000 BTC, worth about $329 million, has been withdrawn.<\/p>\n\n\n\n Many recipients are transferring their recovered assets to self-custody wallets instead of cashing out immediately.<\/p>\n\n\n\n At the time of writing, the price of BTC is trading at $64.5k which is a 2.5% decline from the past 2 days.<\/p>\n","post_title":"Mt. Gox Begins Repaying Creditors, Moves $2.5 Billion In BTC","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"mt-gox-begins-repaying-creditors-moves-2-5-billion-in-btc","to_ping":"","pinged":"","post_modified":"2024-07-26 21:53:15","post_modified_gmt":"2024-07-26 11:53:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
See Related: <\/em><\/strong>Mt. Gox Starts Paying Back Creditors In Bitcoin After 10-Year Wait<\/a><\/p>\n\n\n\n Data <\/a>from CryptoQuant shows a significant increase in Bitcoin withdrawals from Kraken, one of the exchanges managing the repayments. Over the past 24 hours, more than 5,000 BTC, worth about $329 million, has been withdrawn.<\/p>\n\n\n\n Many recipients are transferring their recovered assets to self-custody wallets instead of cashing out immediately.<\/p>\n\n\n\n At the time of writing, the price of BTC is trading at $64.5k which is a 2.5% decline from the past 2 days.<\/p>\n","post_title":"Mt. Gox Begins Repaying Creditors, Moves $2.5 Billion In BTC","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"mt-gox-begins-repaying-creditors-moves-2-5-billion-in-btc","to_ping":"","pinged":"","post_modified":"2024-07-26 21:53:15","post_modified_gmt":"2024-07-26 11:53:15","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=17973","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};
In early July, the defunct exchange began repaying creditors affected by the 2014 hack. Over $9 billion worth of BTC and $73 million of Bitcoin Cash (BCH) will be distributed to traders in the coming months.<\/p>\n\n\n\n See Related: <\/em><\/strong>Mt. Gox Starts Paying Back Creditors In Bitcoin After 10-Year Wait<\/a><\/p>\n\n\n\nCryptoQuant Data And Bitcoin Withdrawals<\/h2>\n\n\n\n
CryptoQuant Data And Bitcoin Withdrawals<\/h2>\n\n\n\n
CryptoQuant Data And Bitcoin Withdrawals<\/h2>\n\n\n\n