"Over 700,000 Bitcoin Awaiting Redemption: The Convergence of Mt.GOX and GBTC"
Investing Markets TradFi 

“Over 700,000 Bitcoin Awaiting Redemption: The Convergence of Mt.GOX and GBTC”

According to data from Arkham Chain, the current encrypted wallet of Mt. Gox contains at least 137,000 BTC, with a total value of approximately $5.5 billion. If unlocked in the short term, it may lead to selling pressure in the market.

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