| COINOTAG recommends • Exchange signup |
| 💹 Trade with pro tools |
| Fast execution, robust charts, clean risk controls. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🚀 Smooth orders, clear control |
| Advanced order types and market depth in one view. |
| 👉 Create account → |
| COINOTAG recommends • Exchange signup |
| 📈 Clarity in volatile markets |
| Plan entries & exits, manage positions with discipline. |
| 👉 Sign up → |
| COINOTAG recommends • Exchange signup |
| ⚡ Speed, depth, reliability |
| Execute confidently when timing matters. |
| 👉 Open account → |
| COINOTAG recommends • Exchange signup |
| 🧭 A focused workflow for traders |
| Alerts, watchlists, and a repeatable process. |
| 👉 Get started → |
| COINOTAG recommends • Exchange signup |
| ✅ Data‑driven decisions |
| Focus on process—not noise. |
| 👉 Sign up → |
- Japanese Bitcoin exchange, Mt. Gox, is set to release a significant amount of Bitcoin (BTC) and Bitcoin Cash (BCH) into the market.
- This move could potentially impact the price of these cryptocurrencies, given the substantial volume involved.
- The release is part of the ongoing bankruptcy proceedings of the once-dominant Bitcoin exchange.
Japanese Bitcoin exchange, Mt. Gox, is set to release a substantial amount of Bitcoin and Bitcoin Cash into the market, potentially impacting prices. This is part of the exchange’s ongoing bankruptcy proceedings.
Mt. Gox’s Planned Release of Cryptocurrencies
Mt. Gox, once the world’s largest Bitcoin exchange, is preparing to release around 142,000 BTC and 143,000 BCH into the market. This move is part of the exchange’s ongoing bankruptcy proceedings, following its infamous hack in 2014 where it lost 850,000 BTC, valued at around $450 million at the time.
Potential Impact on Bitcoin and Bitcoin Cash Prices
The release of such a substantial amount of Bitcoin and Bitcoin Cash could potentially impact the prices of these cryptocurrencies. The market’s response to this influx of supply will be closely watched by investors and traders worldwide. However, it’s important to note that the exact impact is hard to predict, given the complex dynamics of cryptocurrency markets.
When is the Release Expected?
While the exact date of the release is yet to be confirmed, it is expected to happen soon. The release is part of the final distribution plan of Mt. Gox’s bankruptcy proceedings, which has been in progress for several years. The plan was approved by the Tokyo District Court in October 2021, paving the way for the release of the remaining cryptocurrencies.
| COINOTAG recommends • Professional traders group |
| 💎 Join a professional trading community |
| Work with senior traders, research‑backed setups, and risk‑first frameworks. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 📊 Transparent performance, real process |
| Spot strategies with documented months of triple‑digit runs during strong trends; futures plans use defined R:R and sizing. |
| 👉 Get access → |
| COINOTAG recommends • Professional traders group |
| 🧭 Research → Plan → Execute |
| Daily levels, watchlists, and post‑trade reviews to build consistency. |
| 👉 Join now → |
| COINOTAG recommends • Professional traders group |
| 🛡️ Risk comes first |
| Sizing methods, invalidation rules, and R‑multiples baked into every plan. |
| 👉 Start today → |
| COINOTAG recommends • Professional traders group |
| 🧠 Learn the “why” behind each trade |
| Live breakdowns, playbooks, and framework‑first education. |
| 👉 Join the group → |
| COINOTAG recommends • Professional traders group |
| 🚀 Insider • APEX • INNER CIRCLE |
| Choose the depth you need—tools, coaching, and member rooms. |
| 👉 Explore tiers → |
Conclusion
The impending release of a significant amount of Bitcoin and Bitcoin Cash by Mt. Gox could have potential implications for the cryptocurrency market. While the exact impact is hard to predict, this development is a reminder of the ongoing influence of Mt. Gox’s bankruptcy proceedings on the cryptocurrency market. Investors and traders will be closely watching the market’s response to this substantial influx of supply.
| COINOTAG recommends • Members‑only research |
| 📌 Curated setups, clearly explained |
| Entry, invalidation, targets, and R:R defined before execution. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧠 Data‑led decision making |
| Technical + flow + context synthesized into actionable plans. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 🧱 Consistency over hype |
| Repeatable rules, realistic expectations, and a calmer mindset. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🕒 Patience is an edge |
| Wait for confirmation and manage risk with checklists. |
| 👉 Join now → |
| COINOTAG recommends • Members‑only research |
| 💼 Professional mentorship |
| Guidance from seasoned traders and structured feedback loops. |
| 👉 Get access → |
| COINOTAG recommends • Members‑only research |
| 🧮 Track • Review • Improve |
| Documented PnL tracking and post‑mortems to accelerate learning. |
| 👉 Join now → |
