Galaxy Research Director: There may be more transfers of Mt.Gox wallets, and the bitcoins in Mt.Gox will be held long-term rather than sold more.

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BlockBeats news, on July 5th, Galaxy research director Alex Thorn posted on X platform that for today’s “Mentougou Mt.Gox wallet transfer of 47,228 BTC”, Alex Thorn speculated that “it is likely that this transfer is being transferred to one of the distribution agents. If this is correct, we may see more similar transfers, totaling about 100,000 BTC, unless the custodian unnecessarily re-adjusts the internal wallet like May 27th. I still believe that Mt.Gox’s Bitcoin is mostly held for a long time rather than sold.”

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