The MT Gox trustee is now finish selling, i know a lot have been waiting to hear this including me
But it will now take years of Legal Battle before anything happens to the remanning coins.
There’s a raft of claims and counterclaims by the trustee, including a petition to bankrupt Mark Karpeles. As such, any distribution appears very unlikely before all these proceedings are settled, which could at this rate be another half a decade.
https://www.trustnodes.com/2018/03/07/mt-gox-trustee-sold-half-billion-dollars-worth-bitcoin-bitcoin-cashIf you short i would really put attention to this, cause the selling from MT Gox trustee has actually had a big downtrend effect on bitcoin.
If you long then things looking a lot better now, and it could very well be the bottom we seeing now.
Have a great weekend all
