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Mt. Gox Compensation Plan: Will Bitcoin Price Face Potential Market Impact?Mt. Gox, once the world's leading Bitcoin exchange, has been the center of attention for its handling of its remaining assets since the catastrophic hack in 2014 that resulted in the loss of more than 850,000 BTC. Recently, the large amount of Bitcoin that flowed out of Mt. Gox wallets has attracted great attention in the market. It is estimated that a total of 137,890 BTC (worth approximately $9.4 billion) have been transferred to the wallets of creditors, which has aroused widespread discussion and concerns among market experts, who worry that this may lead to a large sell-off in the Bitcoin market, triggering a price drop.

Mt. Gox Compensation Plan: Will Bitcoin Price Face Potential Market Impact?

Mt. Gox, once the world's leading Bitcoin exchange, has been the center of attention for its handling of its remaining assets since the catastrophic hack in 2014 that resulted in the loss of more than 850,000 BTC. Recently, the large amount of Bitcoin that flowed out of Mt. Gox wallets has attracted great attention in the market. It is estimated that a total of 137,890 BTC (worth approximately $9.4 billion) have been transferred to the wallets of creditors, which has aroused widespread discussion and concerns among market experts, who worry that this may lead to a large sell-off in the Bitcoin market, triggering a price drop.
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