K33 Research: Mt. Gox May Release $9 Billion in Bitcoin in the Near Future, Could Pressure Coin Prices
Cryptocurrency researcher K33 Research has released a report stating that bankrupt cryptocurrency exchange Mt. Gox is preparing to distribute approximately 142,000 Bitcoin (BTC) and 143,000 Bitcoin Cash (BCH) to its creditors, with a total value of more than $9 billion, and that the estimated huge cryptocurrency release from Mt. Gox could become a relevant negative price in the coming weeks Influencing factor.
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