The repayments of funds to Mt.Gox creditors under the rehabilitation plan have caused increased volatility in the crypto market.
During the first round of repayments, the Bitcoin price dropped from $63k to around $53k.
Arkham Intelligence indicates that more repayments are on the horizon as Mt.Gox emptied four wallets and consolidated funds in a cold wallet.
Wall Street analysts believe a major crypto market shakeout is imminent, and the Mt.Gox repayment of nearly $3 billion could trigger further bearish volatility.