Tokyo-based Bitcoin exchange Mt. Gox’s liquidation date has been set. This development, which will release 137,000 Bitcoins, will start to coincide with Ethereum’s highly anticipated Merge update.
Mt. gox of the liquidation court 31 August on in the published document liquidation date September 15 was determined as. 137,000 Bitcoin This liquidation will release Ethereum blockchain proof of work (PoW) from the system proof of stake (PoS) system that will Merge The fact that it will start on the same date as the update was met with different reactions by the community.
in 2014 The closed Bitcoin exchange Mt. Gox’s 8 As a result of the annual court process, 137.000 Bitcoins in the wallets of the company were given to the victims. to the distribution It was decided. Average cost is very low Bitcoin investors are worried about the possibility of these Bitcoins being quickly disposed of by their new owners. Because Mt. Gox investors have been waiting for this moment for a long time, and thanks to Bitcoin, which has been overvalued over time, it is quite affordable even at today’s low prices. Snowy they are in a position. On the other hand, Ethereum’s long-awaited update Merge September 15 is scheduled to be implemented. Majority of Ethereum investors “Buy the rumor, sell the news” with the motto that the Merge update is already priced and right after the update a big drop predicts it will happen.
of the market The most valuable prices of two cryptocurrencies negative If two major events that may affect the conspiracy theories not searching. Because experts say that if both events negatively affect the prices, the crypto money market will be affected. black swan states that it is possible.