Data: Mt. Gox May Bring 4.62 billion Dollar Sale Before November
2024-07-13 16:13:46
Trader social media posts forecast after German government week strongdesk3cryptocurrencydesktopCrypto News
According to Trader T's post on the social platform, after a week of strong selling by the German government, Mentougou Mt. Gox will be the next strong seller. Mt. Gox should repay a total of 14,100 bitcoins. If the ratio of repayment should not be less than 80% before November this year, and the repayment discount rate is 89%, Mt. Gox will sell up to 100,392 BTC before November. Given the dispersion of its ownership, the possibility of large-scale liquidation is low. According to the predictable worst-case scenario, Mt. Gox will sell 80% of its bitcoins, which may bring 4.62 billion dollar liquidation pressure.
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