#门头沟 #Btc

MtGox dumped 100,000 Btc today? ! Let's analyze the impact.

The problem of Mentougou comes out every year to scare everyone. To popularize science for newcomers, mtgox, once the largest exchange, has closed down. There are still a lot of BTC, BCH and the like in the wallet. It has to compensate users (professionally called creditors). Due to the long-delayed legal process in Japan, it has now been delayed until October this year.

The creditors who are still alive have filled out the forms, and a total of 140,000 BTC, 140,000 BCH and about 6.9 billion yen (about 510 million US dollars) have to be compensated.

There are a total of 130,000 BTC and BCH in the multiple wallets monitored by mtgox. They have not been moved since 2018. Today, they have been moved. 100,000 BTC have been transferred out and are still being transferred out.

Looking at the address flow, it should be the collection of coins in various small wallets into two large wallets!

Cash compensation has already begun. Two friends in the circle, as poor creditors, have received compensation in US dollars in April (probably automatically converted into RMB), and it is estimated that the compensation is almost enough.

After all, $510 million is only equivalent to 7,000 BTC, which is enough to cover the frozen and previously sold coins of mtgox. The cash compensation is almost enough, and the next step is to compensate the coins.

Therefore, it is expected that today's large-scale transfer collection is a preparation for the next step of directly transferring BTC to creditors. Those who choose BTC compensation are all OG. The largest creditors include btc-e, Coinlab and some ancient funds that have been shut down by the FBI. Some of them who are in urgent need of money have sold their claims to some hedge funds in advance. The rest are not so urgent. It is roughly estimated that 20% of the outflow, that is, 30,000 BTC, will be enough for ETFs to digest in a few days.

Why did the market panic and fall today? Of course, it is because such hot news is easy to set up. The litigation period is so long, and these variables have been communicated privately in advance, and it is not a black swan. What do you think? #MtGox钱包动态 #门头沟事件