Over 137k bitcoin (~2.6b USD) will come back into circulation next month, as Mt. Gox starts settling its bankruptcy debts. Comparisson: when LNA sold ~80k BTC the price dropped >10k.

The exchange Mt. Gox, that once handled over 70% of all bitcoin transactions, went bankrupt in 2014, after losing 86% of its funds due to a security flaw.

And next month in August-2022, they will start paying back their customers with the 130k bitcoin they still hold (worth today ~2.6 billion USD)

As a comparison: when the "stablecoin" LNA collapsed, they sold around 80k BTC into the market, and during that time the price dropped over 10k in value. This is, of course, a completely different situation, and it wont happen all at once, AND I have no way to predict the market. This post's intent is only to share this info with the community.

All I know: Interesting times ahead.

Check this video for more info: https://www.youtube.com/watch?v=rgpfGsLW7II

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