Recently, the latest developments of the Mentougou incident have once again attracted people's attention. About three hours ago, the former CEO of the exchange announced a major progress on Twitter:

Mt.Gox customers have finally taken the key step of receiving Bitcoin compensation. After a decade, this result has almost made people doubt whether it can be achieved, but now we are relieved to witness this milestone achievement. Although the process is long and challenging, we finally see the light at the end of the tunnel, and only minor finishing work remains to be completed.

It is worth noting that although the progress is gratifying, the "last little bit of work" cannot be ignored. So far, only Bitbank, a small exchange, has responded quickly and announced that it has completed the transfer of Mt.Gox compensation Bitcoin to creditors within a few hours. In contrast, other mainstream exchanges such as Kraken are expected to take up to 90 days, Bitstamp will take about 60 days, and BitGo is relatively fast and is expected to be completed within 20 days.

Observing the wallet situation of Mt.Gox, we found that the eye-catching 140,000 BTC has not yet been fully recharged to the accounts of various exchanges. This phenomenon means that despite certain achievements, the epic uncertainty surrounding this compensation has not completely dissipated, and the market still needs to remain cautious.

For investors, in the face of such a market environment, it may be a safer choice to keep sufficient ammunition to wait for the best time to act, or to adopt a flexible band operation strategy. Don't take it lightly because of temporary optimism. After all, this long wait and effort is still a long way from true perfection.

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