The trustee of MTGOX has revealed plans to commence the $9.4 billion refund in Bitcoin (BTC) starting in July. Roughly 127,000 creditors of Mt. Gox are set to receive refunds totaling $9.4 billion in BTC. This pool of funds, which has been withheld from the market for a decade, is poised to re-enter exchanges. Investors are exercising caution in light of this significant influx of supply and waning interest in the ETF sector. Such developments are paving the way for potential new market movements below the $60,000 mark. Stay updated on the latest financial and business news by visiting COINTURK FINANCE.
