Mt. Gox Transfers 48,641 Bitcoin to Kraken Amid Repayment Speculations

1 min read

10 months ago bitnews

Mt. Gox’s hefty transaction of 48,641 Bitcoin has reignited attention towards its bankruptcy resolution. Significant market movements are expected as traders analyze potential impacts on Bitcoin’s value. CryptoQuant’s CEO, Ki Young Ju, minimizes the perceived selling pressure from these BTC movements. Mt. Gox’s latest Bitcoin transfer raises questions about market implications amid creditor repayments. Massive