Defunct Crypto Exchange Mt. Gox Moves $2.4 Billion in Bitcoin to Two Wallets
According to data from Arkham, the now-defunct Mt. Gox exchange transferred over 30,000 BTC to a wallet, making it the largest recipient in the latest series of transfers. This type of transfer typically indicates that an exchange is preparing to sell tokens on the open market. Meanwhile, Bitcoin continues to break new records, surpassing $81,000 over the weekend, while Mt. Gox moved $2.4 billion in BTC to two wallets on Monday.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Dogecoin, Bonk, and Pepe Set to Be Key Asset Allocations in 2025
BONK Price Forecast: Rebound Hopes Fade as TRUMP token drains 900M BONK Liquidity
XRP Up 511% Yearly, How Much Higher Can It Go?
Uniswap Founder Flaunts Most Important V4 Feature