137,000 BTC will be released on the bankrupt Mt Gox Exchange.

Mt Gox Exchange?

Mount Gox Exchange is a Bitcoin exchange that went bankrupt in 2014 due to a major hacking incident. Located in Japan, the exchange was responsible for 70% of the world’s bitcoin trading at the time.

Mt Gox bankruptcy
Mt Gox

About 137,000 Bitcoins (BTC) tied to Mt Gox could be released in the market this month.

Really? Prick?

The issue of compensation related to Mt Gox has been known only as a whistle, but recently, a photo of Mt Gox sending an e-mail from a creditor about repayment information has been circulating and it has become noisy.

Repayment
Repayment

137,000 bitcoins are worth $32,800, which is about 8% of the bitcoin circulation.

What is the impact on the Bitcoin market?

In fact, if 137000 bitcoins are paid out, there is no way to stop the decline of bitcoins. But once this situation passes, it can be a boon. The news has already been distributed and Bitcoin has fallen. If Bitcoin pays off and drops a little, the risk factor disappears. What do you think of this as another opportunity?

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