Mt.Gox Moves $7B Bitcoin as Part of Repayment Plans, Sparking BTC Price Plunge
Briefly

from Coindesk8 months ago
Wallets transferred 107,000 BTC ($7 billion) from Mt. Gox to an unknown address, potentially to repay creditors by 2024.
Coindeskhttps://www.coindesk.com/markets/2024/05/28/mtgox-moves-7b-bitcoin-as-part-of-repayment-plans-sparking-btc-price-plunge/
Market reacted negatively, with Bitcoin dropping 1.4% to $67,680 from a high of over $70,000 after the Mt. Gox transfers.
Coindeskhttps://www.coindesk.com/markets/2024/05/28/mtgox-moves-7b-bitcoin-as-part-of-repayment-plans-sparking-btc-price-plunge/
Read at Coindesk
#mt-gox #bitcoin #crypto-market #market-reaction
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