K33 Research Head: LEO token premium hits a record high, market may be preparing for Bitfinex to recover 94,000 bitcoins

ChainCatcher news, according to K33 Research data, the premium rate of the LEO token's market value relative to the market value of 75,700 Bitcoins has reached 41.82%, setting a recent high. K33 Research's research director Vetle Lunde pointed out that the market seems to be preparing for Bitfinex to recover 94,000 Bitcoins.

According to the LEO token white paper, Bitfinex will use 80% of the Bitcoins (approximately 75,000) to repurchase and destroy LEO tokens within 18 months.

Previous news, the U.S. government stated that the Bitcoins seized in the Bitfinex hacking incident should be returned in kind.