Mt. Gox Could Benefit Ethereum Upon Spot ETF Launch

Mt. Gox Could Benefit Ethereum Upon Spot ETF Launch, Insider Claims, Here’s How

QCP: Uncertainty about potential Mt Gox BTC supply hitting the market by October could hinder BTC, potentially benefiting ETH upon the launch of the ETH Spot ETF. The desk observes bullishness in ETH, with sizeable buyers of 4k/5k ETH Call Spreads for end June 2024.…The Mt. Gox-related address may have transferred all BTC to this unmarked address: 1JbezD…KLAPs6, no further transfer has occurred yet. This is the first transfer out of the Mt. Gox-related address since July 2019. 1JbezD…KLAPs6 currently holds a total of 141.686k BTC, worth… https://t.co/JnDeNmxVgb