Mt. Gox Creditors Lean Towards Holding Bitcoin, New Poll Reveals
Portfolio Pulse from Murtuza Merchant
A recent poll on the Reddit MtGox forum reveals that a majority of Mt. Gox creditors plan to hold onto their Bitcoin compensation rather than selling it immediately. This comes as the distribution of Bitcoin from the defunct exchange begins, with significant transactions already executed.
July 18, 2024 | 4:33 pm
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A majority of Mt. Gox creditors plan to hold their Bitcoin compensation, which could reduce immediate selling pressure on BTCUSD. This comes as the distribution process begins with significant transactions.
The poll results indicate that 55% of respondents plan to hold their Bitcoin compensation, which could reduce immediate selling pressure on BTCUSD. This is significant as the distribution process has just begun, with large transactions already executed.
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