FTX Bitcoin stash worth same as Mt. Gox 840K BTC before hack

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Remind you of something? FTX and Mt. Gox share some interesting implosion numbers.

Data from on-chain analytics firm GlassnodeFTX vs. Mt. Gox: Same, same but differentstill unfolding, questions remain over how many major crypto entities will be affected and how big industry losses will be.At the same time, multiple comparisons to Mt. Gox haveThe raw data, however, reveals some interesting additional numbers to bear in mind.

In the months that followed, Bitcoin lost up to 85% of its value versus that high, bottoming out in January 2015 — almost a year after the hack.

 

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WilliamSuberg I just dream of seeing new lows to start buying on Bitfinex

WilliamSuberg This has a lot more moving parts. Not the same thing.

WilliamSuberg Some good news

WilliamSuberg Maybe FTX will push Bitcoin price low enough to jumpstart the next bull run.

WilliamSuberg Who made that rule?

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