Mark Karpeles, the former CEO of Mt. Gox, stated that the trustee is moving bitcoins to a different wallet in preparation for distributions likely happening later this year. There is no imminent sale of bitcoins; this movement is just for preparation. The current repayment deadline is October, though it has been delayed multiple times before and could be delayed again. When the distributions occur, potentially around October, some bitcoins might be sold on the market. Recent bitcoin movements caused a brief price drop, but these are not distributions, just transfers.

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