With the defunct exchange Mt. Gox edging closer to returning about $9 billion worth of bitcoin a decade after it filed for bankruptcy, cryptocurrency investors are increasingly concerned that this will dampen the price of bitcoin. But big creditors and longtime market participants do not expect a lasting shock to the price of bitcoin. Many plan to either keep the tokens or sell them gradually, betting that the price will continue to rise. They are counting on the recently approved U.S. exchange-traded fund to absorb any newly listed tokens.
Adam Back, CEO of Blockstream Corp., said it would be an odd timing to sell Bitcoin at the start of a bull market. Adam Back is a creditor who plans to keep Bitcoin distributions. Since you've been waiting for 10 years, why not wait a year or so? Some people may need liquidity now, but I think it's just a handful of money because people have moved or philosophically viewed it as a pointless loss a few years ago.
Another large creditor, Off the Chain Capital, which has acquired the debt of Mt. Gox over the years, CEO Brian Dixon said the company plans to sell its bitcoin, but will only do so if it finds a better investment opportunity.
Mt. Gox's large creditors believe the distribution will not have an impact on the bitcoin price
2024-06-01 21:24:07
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Mt.Gox大型债权人认为分配不会对比特币价格造成冲击
