đ¨ MT. GOX CREDITORS OPT to HODL BITCOIN PAYOUTS â REDDIT POLL đ¨
A recent poll on the Mt. Gox Insolvency subreddit reveals that a significant number of Mt. Gox creditors plan to retain their Bitcoin payouts. Approximately 56% of the 467 participants indicated they would hold onto their BTC, aligning with the "hodl" strategy, despite the ongoing market fluctuations.
đ About 20% Plan to Sell All Their Bitcoin Holdings
Contrastingly, around 20% of the respondents expressed their intention to sell 100% of their Bitcoin payouts. An additional 14% plan to sell up to 25% of their holdings, while only 6% consider selling up to 50%.
đ Mt. Gox Bitcoin Distribution Update
Mt. Gox, once the largest Bitcoin exchange, collapsed in 2014 after losing 850,000 BTC. As of July 17, more than 36% of the owed Bitcoin has been distributed to creditors.
It looks like the constant dumping of Bitcoin across the board has come to a stop!
Let's see if we can hit the $100k mark from here!
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