“The impact on bitcoin’s price from Mt. Gox distributing Bitcoin is likely overblown,” Sam Callahan, senior analyst at Swan Bitcoin, said in a Tuesday email to CoinDesk. “Creditors who wanted to sell their bitcoin have now had more than 10 years to do so through selling their bankruptcy claims to more convicted, long-term investors.
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- Source: https://www.coindesk.com/markets/2024/06/25/mt-gox-redemption-fears-overblown-say-traders-as-10b-btc-holdings-draw-concerns/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
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