Mt. Gox still holds ~$4B in $BTC, but the “sell-off” fears never played out. Bitcoin is up 85% since repayments began. Over $12B in BTC has already been redistributed, yet ETF inflows and institutional accumulation absorbed every coin with ease. With rate cuts priced in and global liquidity surging at its fastest pace since 2020, the macro setup keeps tilting bullish. If billions in forced supply couldn’t dent momentum… what could?