According to market news, the trustee of Mt. Gox in Mentougou said that it has been preparing to repay in BTC and BCH according to the recovery plan. Now that these preparations are ready, the trustee will start to repay BTC and BCH to the cryptocurrency trading platforms that have completed the exchange and confirmed the required information at an appropriate time. Repayment will start in early July 2024. Mt. Gox in Mentougou will start to repay in the order of the cryptocurrency trading platforms where the trustee has completed the exchange and confirmed the required information. Please wait for a while until the repayment is completed.

This wave of pins in the afternoon is probably also affected by Mentougou, because the Bitcoin that Mentougou has to repay is relatively large. After the repayment, the Bitcoin that flows into the hands of retail investors will trigger a sell-off, and the market will naturally be under selling pressure, which will cause a continued decline. Every time the trend is falling, there will always be various negative news~

#Mt.Gox将启动偿还计划