Mt. Gox, the defunct Japanese crypto exchange, is set to repay $8.5 billion worth of Bitcoin (BTC) to creditors starting July. However, analysts believe this may not significantly impact Bitcoin's price. Tony Sycamore of IG Markets suggests that half of the total Bitcoin, approximately $4.5 billion, could hit the market. He also believes that the potential sell pressure from Mt. Gox has already been factored into the current market conditions. Alex Thorn of Galaxy Digital estimates that only 65,000 of the 141,000 total Bitcoin will actually hit the market, reducing the expected selling activity.