Galaxy Research Director: Today's transfer of 47,000 BTC from Mt.Gox may be to one of the distribution agents

2024-07-05 09:51:04
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ChainCatcher news, Galaxy Research Director Alex Thorn posted on social media that regarding today's "Mt.Gox wallet transferring out 47,228 BTC," Alex Thorn stated, "I suspect this transfer is being moved to one of the distribution agents. If correct, we may see more similar transfers, totaling around 100,000 BTC, unless the custodian unnecessarily readjusts the internal wallets like on May 27. I still believe that more of Mt.Gox's Bitcoin is being held long-term rather than being sold."

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