As per the latest on-chain development, the crypto exchange Mt. Gox has once again moved a massive 13,265 Bitcoins worth a staggering $784 million to two unknown wallets in the last few hours. Simultaneously, the bulls have lost the crucial BTC price support of $60,000 in the past few hours.
Mt. Gox Bitcoin Repayment Continues
A week after the crypto exchange Mt. Gox moved $2 billion worth of Bitcoins to the crypto exchange BitGo, it has moved another $784 million worth of BTC to two unknown wallets. Data from Arkham Intelligence shows that the defunct exchange transferred $709.44 million worth of BTC to wallet address “1PuQB…nWhTb” and another $74.77 million of BTC to address “1Jbez…LAPs6”. These BTC can further move to exchange addresses for repayment purposes.
During the last month of July, the defunct exchange transferred 95,523 Bitcoins worth a staggering $6.14 billion to crypto exchanges such as BitGo, Kraken, Bitstamp, and others for repayment. Despite the current tr
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