Mt. Gox, the once-world's top cryptocurrency exchange, has begun paying Bitcoin to victims of its 2014 hack, sending the price of the coin plunging amid fears of a sell-off.
The percentage of active Bitcoin wallets has dropped to its lowest level since late 2010, while the total number of wallets has also plummeted.
Dry profits and sell-offs are making it difficult for Bitcoin miners, similar to the late 2022 period after the FTX crash.
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