Mt. Gox BTC has been locked for 8 years. They had stopped withdrawals 8 years ago after a hack on their platform.
Back in 2014 the withdrawals were halted. All investors waited for 8 years and finally tomorrow Mt. Gox is releasing 140000 BTC, thats all they could recover from the hack which took place 8 years ago
Back then the value of BTC was absolutely nothing. Thats when these investors had staked BTC on Mt.Gox.
So now when they get back BTC which is of 40x the value when they invested they are gonna dump.
Thats $2.8 Billion worth #bitcoin today. 😅
I am expecting huge manipulation in coming days. Let's trade level by level. Don't do fomo short. #exchanges and whales want to eat your portfolio.
Don't forget all our trading strategies.