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German government selling a portion of its stash and Mt Gox repayment starting in July is probably the cause of current BTC weakness

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Mt Gox has $9billion of bitcoin to give back. How many recipients will sell what they get back immediately is the real question. I would assume most of the OGs are maxis and know it will be much higher 6-12 months from now instead of dumping asap. But market certainly doesn’t like that uncertainty it seems.

Navigating the world of finance by day, pondering its flaws by night. ETH Maxi

Price will dump (other people front run this) before they get their BTC

They also know that price will dump so if they sell right away, they can buy back lower. (I hope this dump prices it in).

Depends on their individual financial situation. Lives have changed since MtGox.