Trader T: Mt. Gox will be the next big seller, and may bring $4.62 billion in selling pressure before November
Trader T published an article on the X platform predicting that after a week of strong selling by the German government, Mt. Gox will become the next strong seller. Mt. Gox should repay a total of 14,100 bitcoins, and the repayment ratio should be no less than 80% before November this year, with a repayment discount rate of 89%. Therefore, Mt. Gox may sell up to 100,392 BTC before November. Considering its dispersed ownership, the possibility of large-scale liquidation is low. In the worst-case predictable scenario, Mt. Gox's sale of 80% of the bitcoins may bring $4.62 billion in liquidation pressure.
