“Mt. Gox moved 47,228 BTC, signaling the start of their repayment process, which has caused some market fear due to the large potential sell-off…However, it’s worth noting that despite these concerns, the long-term impact may be less severe as the market gradually absorbs the selling pressure,” said Willy Chuang, COO of crypto exchange WOO X.
![Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash Mt. Gox Begins Repayments in Bitcoin and Bitcoin Cash](https://www.coindesk.com/resizer/IU_OtsK-FGoK7yOHD35Luk3tDwU=/1200x628/center/middle/cloudfront-us-east-1.images.arcpublishing.com/coindesk/YSN2HZET6NBDVLM52AKCB7MG6Q.jpg)