Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Bitcoin might be heading toward $49,000, and Mt. Gox could be a major catalyst behind this move. The defunct exchange's remaining BTC distributions have historically triggered significant market volatility. With creditors still waiting on payouts and billions in Bitcoin potentially hitting the market, the selling pressure could push prices down to that level. This isn't just speculation—past Mt. Gox-related movements have shown similar patterns. Worth keeping an eye on how this unfolds.

BTC7.53%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
FlashLoanLarryvip
· 9h ago
ngl the mt gox thesis is getting recycled harder than a stablecoin in a liquidity pool... but yeah, the basis points matter here. billions in forced sells? that's peak capital utilization nightmare for price discovery tbh
Reply0
GateUser-ccc36bc5vip
· 12-01 12:58
Is Mt. Gox back again? Are they really going to dump this time?
View OriginalReply0
ChainWanderingPoetvip
· 12-01 12:57
It's the old trick of gox dumping again, is 49k really the bottom?
View OriginalReply0
GasFeeAssassinvip
· 12-01 12:57
The Mt. Gox meme is back again, is it true or not? Every time they say there will be dumping.
View OriginalReply0
PseudoIntellectualvip
· 12-01 12:56
49k? Another coin disaster prophet has appeared, this Mt.Gox meme has been炒 for years and is still being talked about...
View OriginalReply0
WalletDetectivevip
· 12-01 12:53
mt gox is causing trouble again? How severe will this dumping be?
View OriginalReply0
ResearchChadButBrokevip
· 12-01 12:49
Is Mt. Gox going to dump again? Can it really drop to 49k this time? It's a bit uncertain...
View OriginalReply0
FadCatchervip
· 12-01 12:47
Is Mt. Gox going to dump again? 49k seems uncertain...
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)