[Kaiko: Mt. Gox still has more than 2 billion US dollars in BTC to be distributed to creditors, and BTC is facing potential selling pressure in the United States, the United Kingdom, etc.] Golden Finance reported that Kaiko, an encryption data provider, released the latest research report this morning and pointed out that oversupply has been a problem this year. Hot topics in the crypto market over the summer. Reports show that there are still approximately 46,000 Bitcoins (valued at more than $2 billion) to be distributed to creditors in the Mt. Gox bankruptcy case, which may become a major source of market concern. In addition, Bitcoin held by governments such as the United States, the United Kingdom, and China, as well as positions held by institutions such as Tesla, may also create potential selling pressure in the coming months. Kaiko believes that it is difficult to comprehensively assess market liquidity by relying solely on single indicators such as trading volume. The report recommends analysis based on multi-dimensional indicators such as market depth, trading volume and liquidity ratio, and slippage. The study found that during the crypto market crash in early August, slippage indicators across exchanges changed significantly, reflecting increased market pressure. Kaiko said that although crypto market liquidity has improved since the collapse of FTX, the possible impact of the liquidation of large positions still needs to be viewed with caution.