Data: Over 41.5% of Mt. Gox's Bitcoin has been allocated, but creditors continue to hold rather than sell

ChainCatcher news, according to Glassnode data cited by Cointelegraph, creditors of Mt. Gox have received 59,000 bitcoins (BTC), which is 41.5% of the 141,686 bitcoins owed, but they have not sold them; instead, they continue to hold. Despite being worth around $4 billion, selling pressure has not significantly increased. This behavior indicates that creditors expect prices to rise further. Mt. Gox, which collapsed in 2014, owed over $9.4 billion worth of bitcoins to approximately 127,000 creditors. The recent distribution completed by Kraken did not have a significant impact on the market, indicating that the market has returned to a long-term holding trend.