According to TechFlow, according to The Block, JPMorgan analysts expect Mt. Gox to begin distributing bitcoins to creditors next month, which may cause short-term market pressure, but the market is expected to recover from August. Mt. Gox creditors will receive about 142,000 bitcoins between July and October, which is about $9 billion at current prices. Although the deadline is October, analysts believe that most of the repayments will be made in July, which may cause pressure on crypto prices in July, but will begin to rebound from August. In addition, FTX creditors are expected to receive about $14 billion to $16 billion in cash repayments in October, which may be reinvested in the crypto market.
