Breaking NEWS - MT GOX Bitcoin Release! Will Bitcoin drop further? 137K BTC on the Market! FUD or Truth?
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Breaking NEWS - MT GOX Bitcoin Release! Will Cryptocurrencies and Bitcoin Fall Further? 137K BTC to be Dumped on Market! This is FUD or Truth?
Mt. Gox is releasing 140,000 $BTC tomorrow
The 8-year Ethereum ICO vesting unlocks for investors happen tomorrow too
Trade Bitcoin and Cryptocurrencies at MEXC Global: https://promote.mexc.com/a/shadowcrypto
Bitcoin dropping since JULY making a bearish flag so the market must have more downsides. It will take a lot of selling pressure to trigger further declines. Turns out there is an upcoming event that could cause around $3 billion in selling pressure in the next few days, but at the moment nothing confirmed, Many Twitter accounts and news portals have started to report that MT Gox Bitcoins will be distributed tomorrow, but at the moment it's just FUD, no reliable authority has reported the information yet, but keep an eye out, FUD also generates crash in the market!
A 1-minute summary of the situation by laurobeleche on tiktok:
https://www.tiktok.com/@laurobeleche/video/7136585968844360965
It is expected that almost 140000 Bitcoins recovered from Mt. Gox will hit the market soon, it can cause a huge crash, making BTC go to 14k.
Given the long duration and robust growth that has occurred since the Mt. Gox exchange got hacked, users are likely to want to sell.
Original price per coin: Around $400
Current price per coin: $20,000 (50x + return/profit)
The estimated Current Total Value is more than $3.3 billion!
if you had 2k USD of BTC in 2014
and get it back today and it's worth over 1 million dollars
will you save everything? Won't sell? Come on.
Trade Bitcoin and Cryptocurrencies at MEXC Global: https://promote.mexc.com/a/shadowcrypto
More than $8.5 billion in Bitcoin could be distributed in time
Thousands of customers have tried to get funds back for years
https://twitter.com/search?q=mt%20gox&src=recent_search_click
I didn’t think the ETH merge would happen first, but it might just happen.
https://www.reddit.com/r/CryptoCurrency/comments/wz2pec/no_mtgox_is_not_releasing_coins_aug_28/
