One of the oldest and biggest cryptocurrency exchanges Mt. Gox continues to liquidate its assets.
According to the official statement of Nobuaki Kobayashi, the trustee of now-defunct crypto exchange Mt.Gox, in recent months he liquidated more than $230 million worth of bitcoin and bitcoin cash.
In total, 24,658 bitcoin (Bitcoin: BITCOIN) and 25,331 bitcoin cash (EXANTE: BCH.EXANTE) were sold during this period, and the total proceeds from the sale were 25,975,702,352 Japanese Yen or approximately $230 million. That means that Mt. Gox trustee Nobuaki Kobayashi managed to sell each bitcoin at an average price of $8,100.
Crypto exchange Mt.Gox opened in 2010 and within 4 years managed to win 70% of the bitcoin world market. In February 2014, Mt.Gox suddenly ceased to function. It was later reported that it lost 850,000 bitcoins and $28 million in fiat money.
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