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Will the Mt.Gox repayments impact the Bitcoin price in this bear market?

Mt. Gox early repayments will start from March 10, with a deadline to be paid out 22,560 creditors by September 30, 2023.

About 142,000 BTC will be repaid to 22,560 creditors.

On average each creditor will receive about 6.29 Bitcoins which may hit the market.

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Discussion

SovereignLife 2y ago

Given repayments are to be issued over a 6 month period, I would say no noticeable impact.

BTC2ME 2y ago

I agree, but it is a bear market and it is possible that some creditors sell their #Bitcoin at the same time, which would be the worst case scenario for the BTC price.