Bitcoin Price Plunges Below $55,000 Following Mt. Gox Fund Transfer

Mt. Gox 資金轉移後比特幣價格跌破 55,000 美元

Riding high for months after the Halving 2024 and spot ETFs approval events, Bitcoin has taken a steep dive, falling below $55,000 for the first time in five months. This downturn is attributed to the news of Mt. Gox repaying investors over $9 billion.

在 2024 年減半和現貨 ETF 批准事件發生後的幾個月裡，比特幣一直處於高位，但現在卻急劇下跌，五個月來首次跌破 55,000 美元。這次低迷歸因於 Mt. Gox 向投資者償還超過 90 億美元的消息。

Market Impact

市場影響

According to CoinMarketCap data, BTC's price has dropped to $53,717, marking a 12% decline in the last seven days. The month of June has witnessed significant volatility, with BTC fluctuating between $71,000 and $53,000, resulting in a staggering 23% downfall.

根據 CoinMarketCap 數據，BTC 價格已跌至 53,717 美元，過去 7 天下跌 12%。 6 月出現了大幅波動，BTC 在 71,000 美元至 53,000 美元之間波動，跌幅高達 23%。

This plunge has had a ripple effect on other altcoins, with ETH, BNB, Solana, and Dogecoin also suffering an average drop of 9% in the past 24 hours.

這次暴跌對其他山寨幣產生了連鎖反應，ETH、BNB、Solana 和 Dogecoin 在過去 24 小時內平均跌幅為 9%。

Mt. Gox Repayment Scheme

Mt. Gox 還款計劃

The recent announcement of Mt. Gox's repayment plan, which involves distributing over $9 billion worth of BTC and Bitcoin Cash (BCH) tokens to its creditors, is believed to be a major catalyst for BTC's plunge.

Mt. Gox 最近宣布的還款計劃，包括向其債權人分配價值超過 90 億美元的 BTC 和比特幣現金 (BCH) 代幣，被認為是 BTC 暴跌的主要催化劑。

Mt. Gox's History

Mt. Gox 的歷史

Mt. Gox, founded as a platform for trading 'Magic: The Gathering' cards, transitioned into a cryptocurrency exchange in 2010. By 2013, it had become the world's largest Bitcoin exchange, handling over 70% of all transactions.

Mt. Gox 最初是一個「萬智牌」卡牌交易平台，於 2010 年轉型為加密貨幣交易所。

However, security vulnerabilities and operational issues plagued its operations. In 2014, Mt. Gox abruptly halted trading and filed for bankruptcy after approximately 850,000 Bitcoins were stolen.

然而，安全漏洞和營運問題困擾著其營運。 2014 年，大約 85 萬比特幣被盜後，Mt. Gox 突然停止交易併申請破產。

Repayment Details

還款詳情

In 2024, Mt. Gox administrators announced a rehabilitation plan to distribute around 140,000 BTCs and 143,000 BCHs to creditors. Repayments are expected to begin in early July 2024.

2024 年，Mt.Gox 管理人員宣布了一項復興計劃，向債權人分發約 140,000 個 BTC 和 143,000 個 BCH。預計將於 2024 年 7 月初開始還款。

Large-Scale Bitcoin Dump

大規模比特幣轉儲

On-chain data indicates that Mt. Gox moved BTC from its cold wallets for the first time in over five years on May 27, 2024. Around 141,868 BTC (approximately $9.7 billion) were transferred to new addresses managed by the Mt. Gox Rehabilitation Trustee.

鏈上數據顯示，Mt. Gox 於 2024 年 5 月 27 日五年多來首次將 BTC 從冷錢包中轉移。 。

This large-scale distribution may have caused a sell-off, contributing to the price decline.

這種大規模的分配可能導致拋售，從而導致價格下跌。

Impact of Large-Scale Bitcoin Dump

大規模比特幣拋售的影響

A large-scale Bitcoin dump can lead to:

大規模的比特幣轉儲可能會導致：

• Immediate price drop
• Increased volatility
• Panic selling
• Negative market sentiment
• Potential exchange impact

Conclusion

價格立即下跌波動加劇恐慌性拋售市場情緒負面潛在的交易所影響結論

Despite the recent downturn, there is still hope for recovery. Key levels to watch for are $56,500 (possible liquidity target) and $60,000 (for bullish momentum). However, if support at $51,000 fails, further declines to $48,000 are possible.

儘管近期經濟低迷，但仍有復甦的希望。需要關注的關鍵水平是 56,500 美元（可能的流動性目標）和 60,000 美元（看漲勢頭）。然而，如果 51,000 美元的支撐位失敗，則可能進一步下跌至 48,000 美元。

After the initial shock, the market may stabilize as buyers enter to purchase BTC at lower prices. While there may be short-term turmoil, BTC is likely to regain momentum and potentially reach the psychological mark of $60,000 again.

在最初的震盪之後，隨著買家以較低的價格購買比特幣，市場可能會趨於穩定。儘管可能會出現短期動盪，但比特幣很可能會重新獲得動力，並有可能再次觸及 6 萬美元的心理關口。