Mt. Gox Transferred a Large Amount of Bitcoin (BTC), Price Dropped!
en.bitcoinsistemi.com + 1 more 23 July 2024 08:07, UTC
Mt.Gox, which started Bitcoin refunds in early July, made a test transfer of 0.021 BTC to an unknown address yesterday. A big transfer came today.
According to Arkham data, Mt. Gox transferred 42,587 BTC ($2.85 billion) to an unknown address.
This transfer appears to be part of Mt Gox’s ongoing payment of $9 billion worth of Bitcoin to creditors.
Following this transfer, Bitcoin fell below $67,000.
Once one of the world’s largest cryptocurrency exchanges, Mt. Gox filed for bankruptcy in 2014 after being exposed to numerous hacking attacks and stealing approximately 850 thousand BTC.
*This is not investment advice.