The imminent distribution of nearly $9 billion worth of BTC and BCH has been a top source of concern for digital asset investors, pondering how much of those assets creditors will sell on the open market to capitalize on the massive price appreciation over the past ten years.
Crypto prices often reacted negatively to news about Mt. Gox-related blockchain transfers recently. Earlier today, bitcoin slipped to near $66,000 after Mt. Gox wallets moved $2.8 billion worth of assets, including $130 million in BTC to Bitstamp, foreshadowing distribution to creditors.
Collection
[
|
...
]