Up to 99% of Mt. Gox’s $8.2B Bitcoin could be sold — Analyst
    06 Jul 2024

    Most of the Bitcoin being repaid by defunct exchange Mt. Gox will likely be sold, threatening to cause more downside pressure on the price of Bitcoin. The Mt. Gox repayments could add $8.2 billion worth of additional selling pressure to the Bitcoin price, according to finance analyst Jacob King. The analyst said that onchain movements already…