The imminent distribution of nearly $9 billion worth of bitcoin and bitcoin cash to Mt. Gox creditors have been a major overhang on crypto markets, with investors concerned about how much of those assets will be sold.
source https://www.coindesk.com/markets/2024/07/23/bitcoin-slips-to-near-65k-as-mt-gox-creditors-receive-assets-on-kraken/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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