Mt. Gox has transferred 12,000 Bitcoin to an unidentified wallet, hinting at potential upcoming distributions to creditors. However, Alex Thorn from Galaxy notes that most of these assets are being moved into new cold storage, with only a small portion earmarked for distribution. This is the first major movement since July 30, when 47,229 BTC were moved to three unknown wallets.
đ Bitpandaâs Deputy CEO, Lukas Enzersdorfer-Konrad, suggests that creditors might hold onto their returned Bitcoin, waiting for better market conditions to maximize their returns. Selling immediately could trigger significant capital gains, while holding could defer taxes and capitalize on future price increases.
đ Current Status: Mt. Gox still holds 46,164 BTC valued at around $2.7 billion.
Open Price: $66,163 Expected Range: $49,203 - $75,200 Closing Price: $70,280 Growth: đ +6.2% anticipated! Stay tuned for what could be a strong month for #Bitcoin ! đ
đ $VITE Price: $0.01414 (+7.9% in 24h) đ 15 sec change: +2.0% đ 24.53K USDT traded in 15 sec â Buys: 15.20K USDT [62%] 24h Volume: 5.59M USDT Alerts in this hour: 7 âïžâïž $VITE is gaining momentum with a notable increase in buying activity. Keep an eye on this as it could continue to climb! đ #Crypto#MarketWatch
đ $DATA Price: $0.04551 (+17.6% in 24h) đ 55 sec change: +1.3% đ 186.89K USDT traded in 55 sec â Sells: 97.05K USDT [52%] 24h Volume: 11.99M USDT #Binance Alerts in this hour: 19 đ„ $DATA is seeing a surge in price with a lot of activity, though slightly more selling pressure at the moment. Stay alert for potential moves! ⥠#Crypto #DATA #Binance #MarketTrends
âŒïž Warning from the DOGS Project Team: Beware of Fake Listings!
The DOGS project team has issued a warning about fake listings of their token on exchanges. đš
The official launch and exchange listing for the DOGS token are set for August 23rd. However, Lbank has already launched spot trading of a fake DOGS token, with prices significantly higher than on pre-market platforms.
đ Tonviewer confirms: 100% of the DOGS token supply is still locked in the smart contract. Distribution hasn't begun, so no exchanges or users should have the tokens yet.
Stay cautious and avoid any unauthorized listings! â #CryptoAlert #DOGSToken #FakeListings #ScamWarning #CryptoSecurity
đž Glassnode: 74% of Bitcoin Holders Havenât Moved Their BTC in Over Six Months
New data from Glassnode reveals that 74% of Bitcoin holders have kept their BTC untouched for over six months! đ
đ Long-Term Holders Breakdown:
16.6% have been inactive for over 10 years 4.98% for 7-10 years 9.15% for 5-7 years This holding trend could tighten the supply, potentially driving up prices as demand increases. đ