Mt.Gox$3.558 billion worth of Bitcoin has been transferred to the exchange that executes the compensation distribution
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According to the monitoring of Odaily analyst Yu Jin, as of now, Mt.Gox has transferred 56,452.9 BTC (US$3.558 billion) to the exchange that executes the compensation distribution. There are 5 exchanges that execute the Mt.Gox BTC compensation distribution, namely: Bitbank, SBI VC Trade, Kraken, Bitstamp, and BitGo. The specific process is that the Mt.Gox address transfers the BTC that needs to be compensated to the corresponding exchange, and then the exchange executes the distribution. Since July 5, the specific data of Mt.Gox BTC transferred to the compensation exchange: July 5, 1,544.6 BTC transferred to Bitbank; July 5, 1,157 BTC transferred to SBI VC Trade; July 16, 48,641.2 BTC transferred to Kraken; July 22, 5,110.1 BTC transferred to Bitstamp. Mt.Gox used a total of 141,685 BTC for compensation, and currently there are 85,000 BTC waiting for subsequent transfer and distribution.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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