"Old leeks are ecstatic! Compensation ten years late: Mt.Gox creditors are happy to receive BTC and BCH back!"
On July 24, the cryptocurrency market received a blockbuster news: Kraken CEO Dave Ripley announced that Kraken has successfully completed the task of returning BTC and BCH to Mt.Gox creditors.
This process has gone through nearly a decade since the trustee chose Kraken.
Historical return:
Kraken has completed the return of BTC and BCH received from Mt.Gox, which is not only a fulfillment of its promise to creditors, but also an important moment in the history of cryptocurrency.
Coinglass data:
The data shows that Kraken's Bitcoin wallet balance is currently 111,123.20 BTC, which has decreased by about 6013.71 in the past 24 hours. This change is closely related to the return action.
Market impact:
With the return of a large amount of BTC and BCH, the market may usher in some volatility, and investors and analysts are closely watching its potential impact on price and liquidity.
What do you think of Kraken's return action?
Will this have a significant impact on the cryptocurrency market?