☄️ The collapsed exchange Mt Gox, which went bankrupt in 2014, transferred 107,000 BTC ($7.3 billion) to an unknown address.
The market reacted negatively. The BTC price fell from $70,000 to around $67,000.
It’s worth noting that Mt Gox is set to distribute its assets of 142,000 BTC and 143,000 BCH among creditors by October 31, 2024. Crypto enthusiasts fear that creditors who receive these bitcoins will start selling them in the market.
