Short-term holders greater threat to Bitcoin stability than Mt. Gox payouts

James Van Straten

Quick Take Mt. Gox is set to begin reimbursing creditors in July 2024, a narrative contributing to the recent Bitcoin price correction. However, analysts predict the impact will be limited. Currently, Mt. Gox holds roughly 140,000 BTC, a fraction compared to the 2.5 million Bitcoin sitting at a loss held by short-term holders (STHs) who […]

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Short-term holders greater threat to Bitcoin stability than Mt. Gox payouts