DATA: Mt. Gox will be the next strong seller, may bring $4.62 billion sell-off by Nov.

On July 13, according to Trader T's post on the X platform, after a week of strong selling by the German government, Mentougou Mt. Gox will be the next strong seller, with a total of 14,100,000 Bitcoins due to be repaid by Mt. Gox, and a percentage ratio of no less than 80% due to be repaid by November this year, with a repayment discount rate of 89%, which would mean that Mt. Gox would have dumped up to 100,392 BTC by November. Given its decentralized ownership, the likelihood of a large-scale liquidation is low. In a predictable worst case scenario, Mt. Gox sells 80% of its bitcoins, which could result in liquidation pressure of $4.62 billion.