🚨Kraken has returned all the stolen BTC and BCH to creditors! Will the market fall again?
Recently, something worth noting has happened in the cryptocurrency space. Kraken has successfully distributed the BTC and BCH returned by Mt. Gox to creditors. Mt. Gox was once the world's largest Bitcoin exchange, but it collapsed in 2014 due to the theft of a large number of Bitcoins, causing heavy losses to many users.
👀Interestingly, despite many previous reports that about 90% of Mt. Gox victims would sell their Bitcoin immediately after getting it back, this is not the case. In fact, most people who received Bitcoin repayments chose to continue holding on to them instead of rushing to sell them.
📈According to statistics, about 36% of Mt. Gox victims repaid their debts through the Kraken platform. Despite the recent decline in Bitcoin prices, the selling pressure in the market has not been as great as many expected.
The reality is that investors are not rushing to sell their regained Bitcoin as previously predicted. On the contrary, many people choose to continue holding, which avoids the panic and price fluctuations that may be caused by large-scale selling and helps stabilize the market. This shows that many investors have confidence in the long-term value of Bitcoin and do not intend to sell in the short term.
This phenomenon is a positive signal for the cryptocurrency market, showing investors' willingness and confidence in long-term investment in Bitcoin. This also reminds us that market forecasts are not always accurate, the actual situation is often more complicated than expected, and investors' decisions are more diverse and rational.
🤔Finally, what do you think of the fact that most of the victims of Mt. Gox chose to hold instead of selling immediately? In your opinion, is this stability in the cryptocurrency market a good thing or a bad thing? Welcome to leave a message in the comment area!
