Galaxy Research Director: Mt. Gox's Bitcoin Will Be More Long-Term Held Than Sold
On July 5th, Alex Thorn, head of research at Galaxy, wrote on the X platform that for the 47,228 BTC transferred from Mt. Gox wallet in Mentougou today, Alex Thorn speculated that the transfer was transferred to one of the distribution agents. If correct, we may see more similar transfers, totaling about 100,000, unless the custodian unnecessarily realigns the internal wallet as on May 27th. I still believe that Mt. Gox's bitcoins are more held for a long time than sold.