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Mt. Gox Yet Again In Spotlight With 33,141 Bitcoin Transfer!

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By on August 14, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Mt. Gox Yet Again In Spotlight With 33,141 Bitcoin Transfer! appeared first on Coinpedia Fintech News

Mt. Gox is yet again in the spotlight as a Mt. Gox-labeled address recently moved 33,141 Bitcoin, which is roughly equivalent to $2 billion. A total of 33,023 Bitcoins were transferred to a new address and an additional 117 Bitcoins, or roughly $7 million, were sent to cryptocurrency exchange OKX. It is critical to realize that the market has already priced in this transfer, which was anticipated. Care has been taken to manage sales of these assets so as not to upset the market. The assets have been handled methodically. 

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