1
Mt. Gox anticipated repayment is expected to increase supply for BTC in the market leading to a price decline.
2
The option data presents a different perspective, showing higher level of open interest in the call option of strike $110,000 for BTC.
3
Ether is bullish, open interest and put call ratios data shows.
Mt. Gox, a popular crypto exchange based in Japan that was founded in 2010, had to cease its operations in 2014 because of the loss of Bitcoins in a scam.
The wallet has been found transferring over 140,000 BTC to an unknown address, triggering speculation in the market around the decrease in prices of Bitcoin.
Wu Blockchain, highlighted that uncertainty about potential of the activities of Mt Gox of supplying Bitcoin to the market by October 31 could significantly impact Bitcoin prices. Moreover, it can further benefit Ether upon the launch of the ETH spot ETF.
QCP: Uncertainty about potential Mt Gox BTC sup
We współpracy z: https://www.thecoinrepublic.com/2024/05/30/mt-gox-activities-expected-to-push-down-the-btc-prices/
