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OPINION: BTC drop may be caused by market sentiment, not Mt. Gox creditor sell-offs

Bitget2024/07/24 17:23

On July 25, Ki Young Ju, founder and CEO of CryproQuant, posted on social media that the trading volume of BTC spot pairs on the Kraken platform and the platform's inflows/outflows did not show any out-of-scope anomalies after Mt. Gox repaid its creditors, and that the decline in BTC may have been caused by market sentiment rather than a real sell-off.

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