The Latecomer’s Guide to Crypto Crashing – where we are and what’s ahead

> Mt. Gox — at some point, likely in 2022, the 140,000 bitcoins that remained in the Mt. Gox crypto exchange when it failed in 2014 are going to be distributed to creditors. Those bitcoins are going to hit the market immediately, bringing down the price of bitcoin even further.

This is often touted, but I'm not so sure about this. Many of the people holding goxcoins will be loathe to sell them in a down market. They've been holding them for 8 years already... it would only make sense to wait for the market to recover before getting rid of them. The trading market size is also much larger now and can absorb the sales a lot easier. Finally, not all will come back as BTC, it will be a mix of JPY and BTC.