After the negative momentum surrounding Mt.Gox and the movement of bitcoins exceeding 40 thousand bitcoins, concerns about selling operations were great, as offering such a large amount of bitcoins for sale would blow the price of bitcoin and make it decline further.
The mere movement of this wallet caused the price of Bitcoin to decline yesterday and raised concerns in the hearts of investors and Bitcoin holders.
However, according to an official statement issued by the former CEO of Mt.Gox, there will be no heavy selling, at least for the time being.
The statement also clarified that no direct payments were made in Bitcoin or Bitcoin Cash to creditors through approved trading platforms.
No cryptocurrency exchanges or sales have been carried out to allow these amounts to be paid.
According to a statement published by Chinese cryptocurrency journalist Colin Wu, the rehabilitator apparently still holds Bitcoin and Bitcoin Cash safe.
Bitcoin fell by 4% after these huge moves occurred from the Mt.Gox wallet.
Bitcoin has rebounded slightly since then, and the price of the digital currency reached $68,000, only to return and lose this important level and trade below it.
It can be said that Mark Karpeles reassured followers of the Mt.Gox wallet with caution and stated his position on speculation, and explained that the recent transfers of Bitcoin are not for the purpose of selling, but that it is important that these digital currencies remain safe and fully under management control.
Mark's statement can also be described as an attempt to address concerns related to market manipulation.
