Will Mt.gox Trigger Crypto Market Crash on March 10th?
Creditors of Mt Gox will probably receive their payout in Bitcoin, which might lead to a sell-off rally.
On February 7, 2014, Mt. Gox stopped accepting withdrawals, and according to its balance sheet, it also has 143K Bitcoin Cash (BCH) coins worth roughly $19 million.
Over $3 billion worth of Bitcoins are expected to be unlocked collectively, and creditors may receive "early payback" on March 10.
The market must pay attention to the potential incoming selling pressure.