These days news about Mt Gox releasing of funds to its creditors is spreading on Twitter and seems very alarming to the BTC price action in coming days, as BTC price has not yet gained any momentum towards 28k which most of the so-called technical analysts predicted. I think we are most likely to hit <15k BTC in the coming days due to the release of almost 140k BTC from Mt gox.
If you search for the #mtgox at Twitter you will see how tense is the situation:
https://twitter.com/search?q=%23mtgox&src=typed_queryThere is this report by BRL;
https://twitter.com/lab_blockchain/status/1557330341139972104There were 22,560 creditors share total claims of $17 billion with an average claim of ~39btc. Do you think they are going to hold it ?
Still confuse and looks little doubt about Mt Gox releasing of funds to its creditors because ever I found new tweet because they not get respond yet about bitcoin fund address, I don't know about which one issues with Mt Gox releasing fund for their member. How ever with Mt Gox refund <15k BTC have been long time issues and actually ended on August is deadline day promising. I think what about Mt Gox releasing fund for their member looks as fud or give bad news exactly for bitcoin holder. After this news release make bitcoin price drop drastically but waiting until end of August that true about Mt Gox releasing of funds to its creditors or just bad news only how to make many investor panic selling their bitcoin assets and make price drop.