Swan Bitcoin senior analyst Sam Callahan said that the impact of Mt. Gox's distribution of bitcoin on the bitcoin price may have been overstated. The selling pressure caused by Mt. Gox's debt repayment may not be as severe as expected. Those creditors who want to sell bitcoin now have more than 10 years to sell their bankruptcy claims to more determined long-term investors. In addition, most creditors are likely to hold bitcoin because their cost base is less than $700 per bitcoin. Of the total 141,000 BTC assigned for distribution, 65,000 BTC will be delivered to individual creditors, and an additional 30,000 BTC will be delivered to claims funds and separate bankruptcies, Galaxy Research said in a report on Monday. It is reasonable to assume that most of the BTC received by a fund that receives claims from creditors will be distributed to LPs in kind, rather than sold. This assuages concerns.