{"id":132472,"date":"2024-07-06T06:00:17","date_gmt":"2024-07-06T03:00:17","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=132472"},"modified":"2024-07-05T17:00:35","modified_gmt":"2024-07-05T14:00:35","slug":"mt-gox-repayments-could-trigger-further-bitcoin-sell-off","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/mt-gox-repayments-could-trigger-further-bitcoin-sell-off\/","title":{"rendered":"Mt. Gox Repayments Could Trigger Further Bitcoin Sell-Off"},"content":{"rendered":"

Financial analyst Jacob King estimates these repayments could introduce $8.2 billion worth of Bitcoin<\/a><\/strong> into the market, primarily through selling. On-chain data suggests that Mt. Gox creditors have already begun selling.<\/p>\n

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Mt. Gox Redemptions have started repaying customers with their #Bitcoin<\/a> after over a decade! Immediately after this begun, on-chain data showed a hefty increase in selling volume from these wallets.<\/p>\n

No Bitcoiner will say this out loud, but the majority of the $8.2 Billion in\u2026 pic.twitter.com\/VWcxBc43Sk<\/a><\/p>\n

\u2014 Jacob King (@JacobKinge) July 4, 2024<\/a><\/p><\/blockquote>\n