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JUST IN: #Bitcoin plunges below $39K as Mt. Gox is set to commence the distribution of 200,000 #BTC for creditor repayments after over a decade of planning. This is worth over $7,796,640,000.00, surpassing the value of MicroStrategy's and El Salvador's Bitcoin holdings. Many speculate that holders will sell / take profits on their Bitcoin, considering their holdings have grown by over 99,900% since the "hack" in 2014. This could lead to a monumental crash, potentially bringing prices back under (still overvalued) levels like $20K. $BTC $ETH $SOL

JUST IN: #Bitcoin  plunges below $39K as Mt. Gox is set to commence the distribution of 200,000 #BTC  for creditor repayments after over a decade of planning.
This is worth over $7,796,640,000.00, surpassing the value of MicroStrategy's and El Salvador's Bitcoin holdings.
Many speculate that holders will sell / take profits on their Bitcoin, considering their holdings have grown by over 99,900% since the "hack" in 2014. This could lead to a monumental crash, potentially bringing prices back under (still overvalued) levels like $20K.
$BTC $ETH $SOL 