Crypto exchange Kraken has completed the distribution of funds to Mt. creditors. Gox, but the expected selling pressure on Bitcoin did not materialize.
- Kraken CEO, Dave Ripley, announced this in a post on X.
- Lenders of Mt. Gox received their BTC and BCH after almost 10 years.
- Despite concerns, there was no significant surge in sales.
- Analysts believe that only “paper hands” will sell. 🚀
Source: Dave Ripley, CryptoQuant