Mt. Gox's trustee has been selling bitcoins and Bitcoin Cash valued at over $ 400 million since mid-December. Many account for more than 50% of Bitcoin's fall in sales. The $ 400 million was just the beginning, as it is only about 20% of the remainder of Mt. Gox, the remaining 80% are still waiting to be sold.
The question now is, when will the remaining 165,000 Bitcoins and Bitcoin Cash be sold? In the relevant press, there was the opinion that this can not happen before September 2018, since then the next creditor is meeting and the insolvency administrator must clarify this with the creditors.
Although it is not clear what impact the sale of the first 35,000 BTCs and BCHs has been, it will still cause a lot of uncertainty and price losses in the market as the remaining 165,000 BTCs and BCHs are moved. Presumably, this uncertainty will then continue until the remaining assets are sold.
