Bitcoin Whales Are Taking Profits, Cashing In $1.2 Billion i | The Coinfather na Binance Square

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Bitcoin Whales Are Taking Profits, Cashing In $1.2 Billion in 2 Weeks: Analyst
Whales just cashed out BTC harder than they ever have, nearly doubling the previous record.

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We should understand that with Mt. Gox, it's all just beginning 👀 ⬆️ Here's the proportion of what they have already distributed compared to what they still need to distribute.⬆️ But there's a notion that sometimes the anticipation is much scarier than the event itself. Perhaps the payouts themselves won't impact the market as much as the FUD associated with them. 🤔

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Mt. Gox announced that on July 5th, it conducted payouts in BTC and BCH to certain creditors! 📝 A document has surfaced online indicating that the payouts were facilitated through specific cryptocurrency exchanges as per the plan. Payouts to other creditors will occur after: ▪️Verification of the validity of registered accounts and other related matters. ▪️Agreement of creditors to participate in this process. ▪️Completion of discussions between the trustee and the aforementioned cryptocurrency exchanges regarding the payouts. ▪️Confirmation that the payouts can be executed safely and securely.

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