It seems Mt.Gox payouts have begun. Last Monday, Kraken users received an email from the crypto exchange confirming that they had received payments in Bitcoin and Bitcoin Cash from Mt.Gox. The offsets will be paid out within 7 to 14 days.

Kraken also explained that the payout process would follow the trustee's instructions. Mt.Gox went bankrupt in early 2014 after 850,000 Bitcoin were lost due to a security breach.

Last year, authorities secured 142,000 Bitcoin worth nine billion dollars and began compensating creditors. Yesterday, Bitcoins were moved from the suspected Mt.Gox wallet.

However, the Bitcoin exchange rate does not seem impressed by this. Compared to the previous day, Bitcoin is up 3.18 percent and currently stands at $65,730.

Recently, the Mt.Gox curator moved large BTC amounts from cold wallets to hot wallets under its management. According to data from Arkham Intelligence, a transaction of 48,641 Bitcoin has now gone to a Kraken wallet.

The final payout in August could create new selling pressure. According to Jacob King, analyst at Whale Wire, many of the duped customers want to sell their Bitcoin. Over the years, they have made high fiat profits.

Mt. Gox was the first major crypto exchange and until its collapse processed more than 70 percent of global Bitcoin transactions. After a decade of waiting, more than 13,000 creditors have now been compensated, according to an official document.

Besides the many concerns, there is also good news: according to onchain detective ZackXBT, the effects on the BTC price are likely to be short-lived, as only investors with little confidence in Bitcoin would sell immediately.