📢 Mt.Gox repayment progress has exceeded 41.5%, and the Bitcoin market is still calm! 📢
Hey, cryptocurrency friends! 👀 Next, we are going to talk about the progress of Mt.Gox's Bitcoin repayment. The latest news is that they have returned more than 59,000 Bitcoins, accounting for 41.5% of the total repayment. Imagine that this is a huge amount, but the market does not seem to react much.
🤔 What's going on? It turns out that Mt.Gox gave victims a choice: either get their Bitcoin back or get cash. Guess what most people chose? That's right, Bitcoin! It seems that these victims still have a firm belief in Bitcoin and choose to continue holding it instead of rushing to sell it. $BTC
👀 So far, these repayments have not caused much waves in the market. This may be because most victims choose to hold on instead of selling. But will this change in the next few months? This is definitely worth keeping a close eye on.
🔍 From the on-chain data, although there are occasional small fluctuations, there has been no large-scale selling pressure. Does this mean that most of Mt.Gox's early investors and victims are still holding their ground?
👀 Regarding the timing of the reporting of the Mt.Gox incident, there is a view that the media may choose to use this incident as a hype material when the price of Bitcoin falls.
📉 But if the price of Bitcoin really falls back to $60,000 or $50,000, will the media hype up the repayment of Mt.Gox at that time? This is not impossible.
💡 Remember, the market is always driven by price, not by news. So, we must keep a clear head about Mt.Gox's repayment and the market's reaction.
💬 Now, it's your turn to express your opinions. What impact do you think Mt.Gox's repayment will ultimately have on the market? If the price of Bitcoin falls, will you hold or sell? Share your views in the comments section!