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Mt. Gox Transfers 0.021 Bitcoin, Is It A Test Transaction?

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By on July 16, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Mt. Gox Transfers 0.021 Bitcoin, Is It A Test Transaction? appeared first on Coinpedia Fintech News

According to data from Arkham Intelligence, an address associated with Mt. Gox recently transferred 0.021 Bitcoin to another address. While the transfer may seem minimal, it could represent a broader strategy to ensure the reliability and security of transactions before moving on to more significant payments. Addresses related to Mt. Gox still control approximately 138,000 BTC, currently valued at around $8.91 billion. The potential start of payments is a significant development for former Mt. Gox users who have been waiting for years to reclaim their lost assets.

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