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RE: Are Bitcoin Investors Worried About Mt Gox Trustee Selling 140k Bitcoins?

in LeoFinance3 years ago

Maybe a short dump is possible. But the Mt. Gox news has been an issue for quite some time now. I don't think they have the resources to pay all their users. But even if they do, we are in the stage where institutions are buying large sums of crypto & where El salvador & Michael Saylor keep announcing they bought BTC when there's a dump. Just my two sats

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They have 140k btc, which is a lot. Saylor and Salvador already heavily invested in btc, I doubt they have enough fiat to buy a lot more. But maybe there are other hidden bigger players.