The market continues to bleed, BTC vs. ETH giving -25% with their ATHs, and alts are back to their 2023 lows. 🔎 Many wonder: what could this be related to? One of the reasons is the official start of payouts of the previously popular Mt.Gox exchange. Crypto exchange Mt.Gox, which handled up to 70% of global BTC transactions, went under in 2014 after losing 850,000 BTC to a hack. Withdrawals were blocked ➡️ bankruptcy 💡 The whole point is that payments to creditors will be made in BTC. And this means that the pressure on the VTS cup will be high