Long Bitcoin and Short Bitcoin Cash to Benefit From Mt. Gox Repayments: Trader

“The Mt. Gox’s Rehabilitation Trustee plans to distribute multi-billion dollars worth of BTCs and BCHs between July 1st and October 31st, 2024,” Presto market analysts led by Peter Chung told CoinDesk in a note Wednesday. “This can create a shift in supply/demand dynamics in BTC and BCH during this 4-month period, potentially opening up a pair trading opportunity.

Read The Original Article on CoinDesk

Long Bitcoin and Short Bitcoin Cash to Benefit From Mt. Gox Repayments: Trader

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