🚀🤣Mt. Gox's repayments causing a Bitcoin selloff? More like a tickle fight! Traders believe the selling pressure might be less severe than anticipated. Why? Because most creditors are likely to hold their Bitcoin due to their low-cost basis.

🤔💡Galaxy Research suggests that a significant portion of the distributed Bitcoin may not be immediately sold. So, no need to panic, folks!

📉😂Remember when Bitcoin briefly dipped below $60,000 due to the anticipated selling pressure? Well, it seems like we might have overreacted just a tad.

👇💬What do you think? Will the Mt. Gox repayments cause a selloff or is this just a storm in a teacup? Let's discuss in the comments! #DeFi #Web3