OPINION: BTC drop may be caused by market sentiment, not Mt. Gox creditor sell-offs
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.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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