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🚨 Big Move Alert! 🚨 Today, 3,999 Bitcoins (worth a whopping $277 million!) were mysteriously transferred from the infamous MtGox exchange to an unknown wallet. What do you think this could mean for the crypto world? Let’s dive into the impact of these moves! 💬👇
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Large Bitcoin Transfer Detected From MtGox To Unknown WalletAccording to PANews, a significant Bitcoin transaction was detected on May 28th. Whale Alert, a blockchain monitoring service, reported that 3,999 Bitcoins, equivalent to approximately 277,654,876 US dollars, were transferred from the infamous MtGox exchange to an unidentified wallet. The transaction occurred at 9:41 Beijing time. The destination of the transferred Bitcoins remains unknown. The MtGox exchange, once the world's largest Bitcoin exchange, has been involved in several controversies and legal issues in the past, including a major hack in 2014 that led to its bankruptcy. This recent large-scale transfer of Bitcoins from MtGox has raised questions and speculation within the cryptocurrency community. However, the details surrounding this transaction, including the identity of the recipient and the purpose of the transfer, are currently unknown. This story is developing and further updates will be provided as more information becomes available.

Large Bitcoin Transfer Detected From MtGox To Unknown Wallet

According to PANews, a significant Bitcoin transaction was detected on May 28th. Whale Alert, a blockchain monitoring service, reported that 3,999 Bitcoins, equivalent to approximately 277,654,876 US dollars, were transferred from the infamous MtGox exchange to an unidentified wallet. The transaction occurred at 9:41 Beijing time.

The destination of the transferred Bitcoins remains unknown. The MtGox exchange, once the world's largest Bitcoin exchange, has been involved in several controversies and legal issues in the past, including a major hack in 2014 that led to its bankruptcy. This recent large-scale transfer of Bitcoins from MtGox has raised questions and speculation within the cryptocurrency community.

However, the details surrounding this transaction, including the identity of the recipient and the purpose of the transfer, are currently unknown. This story is developing and further updates will be provided as more information becomes available.
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$BTC Bitcoin Should take Support around 64600 if it wants to continue bullish otherwise market will create huge sell orders and this can create a bearish momentum for next month September was very bullish we saw Bitcoin surged from 52500 to 66450$ in September Month which was a massive gain Butfor October there are many hurdles and the main is MT GOX exchange repayments which are set to be repaid in October 2024 which can be the reason of big crash in Bitcoin Also Bitcoin supply is now 19.7595 M which is also a bearish and hurdle to break ATH Because at last time When Bitcoin was at ATH Supply was only 19.645 M Overall More than 100K(one hundred fourteen thousand five hundred) New Bitcoins are in circulation So overall Bitcoin is bullish untill something big enters in the market #BitcoinTherapist #BossOfTrade #mtgox #MtGoxRepayments
$BTC Bitcoin Should take Support around 64600 if it wants to continue bullish otherwise market will create huge sell orders and this can create a bearish momentum for next month September was very bullish we saw Bitcoin surged from 52500 to 66450$ in September Month which was a massive gain Butfor October there are many hurdles and the main is MT GOX exchange repayments which are set to be repaid in October 2024 which can be the reason of big crash in Bitcoin
Also Bitcoin supply is now 19.7595 M which is also a bearish and hurdle to break ATH
Because at last time When Bitcoin was at ATH Supply was only 19.645 M
Overall More than 100K(one hundred fourteen thousand five hundred) New Bitcoins are in circulation

So overall Bitcoin is bullish untill something big enters in the market

#BitcoinTherapist
#BossOfTrade
#mtgox
#MtGoxRepayments
😳 Mt.Gox creditors will finally get their money back Payouts will begin on March 10 and will be made in both BTC and fiat. As of now, the applicants will receive about a fifth of the claim amount. #Binance #crypto2023 #BTC #marketcap #mtgox
😳 Mt.Gox creditors will finally get their money back

Payouts will begin on March 10 and will be made in both BTC and fiat. As of now, the applicants will receive about a fifth of the claim amount.

#Binance #crypto2023 #BTC #marketcap #mtgox
The Mt. Gox hack: Mt. Gox was a popular Bitcoin exchange that was hacked in 2014, resulting in the loss of 850,000 bitcoins, which were worth over $450 million at the time. #Binance #crypto2023 #BTC #BNB #mtgox
The Mt. Gox hack: Mt. Gox was a popular Bitcoin exchange that was hacked in 2014, resulting in the loss of 850,000 bitcoins, which were worth over $450 million at the time.
#Binance #crypto2023 #BTC #BNB #mtgox
Mt. Gox Bitcoin Whale Fund Plans to HODL After Choosing September PayoutCreditors have until March 10 to decide on an early payout. The bankruptcy trustee holds a stash of 141,686 BTC. Concerns are growing that all this BTC could flood markets. The Mt. Gox Investment Fund, the defunct Bitcoin exchange’s largest creditor, has no plans to sell the Bitcoins it will receive later this year. According to a March 9 Bloomberg report, the Mt. Gox Investment Fund plans to retain the assets due to it in September. The fund brought claims against Mt. Gox, which went bankrupt in 2014. The report added that it opted for an early payout this year instead of waiting for all the litigation to be resolved. The unnamed source said the fund would get 90% of what’s collectible. This will be split into around 70% Bitcoin and 30% cash. However, there were no details of the actual amount of BTC. Mt. Gox creditors have until Friday to decide on a September payout or wait for the possibility of better claims. According to a March 7 announcement, the creditor selection and registration deadline was moved from Jan. 10 to March 10. It noted: “Rehabilitation creditors who have not completed the Selection and Registration by the deadline will not be able to receive any of the repayments.” According to documentation, the bankruptcy trustee held a stash of 141,686 BTC as of September 2019. At current prices, the Bitcoin horde is worth around $3 billion. It also held 69 billion Japanese Yen (around $500 million) and 143,000 Bitcoin Cash (BCH) worth around $16.7 million. Creditors approved the rehabilitation proposal in October 2021. Furthermore, the trustee sold around 35,800 BTC and 34,000 BCH between December 2017 and February 2018. BTC was priced at around $700 when Tokyo-based Mt. Gox suspended trading in February 2014. Since then, it has surged in value by around 3,000% to current levels. At its peak, Mt. Gox was the world’s largest Bitcoin exchange. It handled 70% of the global BTC trading volume back in 2013. #bitcoin #mtgox #koinmilyoner #buildtogether #crypto2023

Mt. Gox Bitcoin Whale Fund Plans to HODL After Choosing September Payout

Creditors have until March 10 to decide on an early payout.

The bankruptcy trustee holds a stash of 141,686 BTC.

Concerns are growing that all this BTC could flood markets.

The Mt. Gox Investment Fund, the defunct Bitcoin exchange’s largest creditor, has no plans to sell the Bitcoins it will receive later this year.

According to a March 9 Bloomberg report, the Mt. Gox Investment Fund plans to retain the assets due to it in September.

The fund brought claims against Mt. Gox, which went bankrupt in 2014. The report added that it opted for an early payout this year instead of waiting for all the litigation to be resolved.

The unnamed source said the fund would get 90% of what’s collectible. This will be split into around 70% Bitcoin and 30% cash. However, there were no details of the actual amount of BTC.

Mt. Gox creditors have until Friday to decide on a September payout or wait for the possibility of better claims. According to a March 7 announcement, the creditor selection and registration deadline was moved from Jan. 10 to March 10.

It noted:

“Rehabilitation creditors who have not completed the Selection and Registration by the deadline will not be able to receive any of the repayments.”

According to documentation, the bankruptcy trustee held a stash of 141,686 BTC as of September 2019. At current prices, the Bitcoin horde is worth around $3 billion.

It also held 69 billion Japanese Yen (around $500 million) and 143,000 Bitcoin Cash (BCH) worth around $16.7 million. Creditors approved the rehabilitation proposal in October 2021.

Furthermore, the trustee sold around 35,800 BTC and 34,000 BCH between December 2017 and February 2018.

BTC was priced at around $700 when Tokyo-based Mt. Gox suspended trading in February 2014. Since then, it has surged in value by around 3,000% to current levels.

At its peak, Mt. Gox was the world’s largest Bitcoin exchange. It handled 70% of the global BTC trading volume back in 2013.

#bitcoin #mtgox #koinmilyoner #buildtogether #crypto2023
According to the #mtgox the deadline for claim registration was changed from March 10 to April 6; the repayment deadline was postponed from September 30, to October 31 Mt.Gox currently has approximately 142,000 BTC, 143,000 BCH and 69B yen remaining to be paid #Binance #BTC #BNB
According to the #mtgox the deadline for claim registration was changed from March 10 to April 6; the repayment deadline was postponed from September 30, to October 31
Mt.Gox currently has approximately 142,000 BTC, 143,000 BCH and 69B yen remaining to be paid
#Binance #BTC #BNB
Mt.Gox was once the largest crypto exchange in the world, but it filed for bankruptcy in 2014 after some 850,000 BTC went missing. The exchange’s creditors have until April 6 to make a decision whether to chose the October payout, #mtgox #bitcoin #buildtogether #koinmilyoner
Mt.Gox was once the largest crypto exchange in the world, but it filed for bankruptcy in 2014 after some 850,000 BTC went missing. The exchange’s creditors have until April 6 to make a decision whether to chose the October payout,

#mtgox #bitcoin #buildtogether #koinmilyoner
Mt. Gox Begins to Repay Creditors Since Their Shutdown in 2014 In a previous [post](https://www.binance.com/en/feed/post/1932995627705?ref=727742578&utm_campaign=app_share_link) , I discussed the Mt. Gox bankruptcy incident that occurred in 2014, resulting in the loss of about 750,000 users' BTC. To date, these $BTCs remain lost. After nearly a decade of waiting and owing these debts, Mt. Gox has started repaying creditors for their lost funds. Some recipients shared their experiences on the Reddit forum. A month ago, Trustee Nobuaki Kobayashi announced that repayments would begin in 2023 and continue until 2024. Payments were made in cash through the popular payment platform PayPal, using the Japanese Yen currency. #ozuru #BTC #mtgox
Mt. Gox Begins to Repay Creditors Since Their Shutdown in 2014

In a previous post , I discussed the Mt. Gox bankruptcy incident that occurred in 2014, resulting in the loss of about 750,000 users' BTC. To date, these $BTCs remain lost.

After nearly a decade of waiting and owing these debts, Mt. Gox has started repaying creditors for their lost funds. Some recipients shared their experiences on the Reddit forum.

A month ago, Trustee Nobuaki Kobayashi announced that repayments would begin in 2023 and continue until 2024.

Payments were made in cash through the popular payment platform PayPal, using the Japanese Yen currency.

#ozuru #BTC #mtgox
Do you know about the Mt. Gox Incident that Claimed Approximately 850,000 BTCs? Mt. Gox was a major Bitcoin exchange that was first launched in July 2010. It later became the world's biggest Bitcoin exchange, handling approximately 70% of the world's Bitcoin transactions at some point 🤯. However, the fate of Mt. Gox took a very drastic and dramatic turn. In February 2014, Mt. Gox filed for bankruptcy protection, claiming that a hacker had exploited a vulnerability to the tune of about 850,000 BTCs (approximately 7% of all the BTC in existence at that time), 750,000 BTCs of which belonged to the users (it's always hackers 🙄). The total $BTC lost would be equivalent to about $450 million dollars as of that time, and fast forwarding to now, it would be about $36 billion dollars 😳. All this money and BTC lost forever. This resulted in the exchange halting trading activities, creating panic among users. About a month after the website was closed, approximately 200,000 BTCs were found in an old wallet, but efforts to find the remaining lost $BTC were to no avail. Investigations later revealed internal issues such as operational and security lapses that made the exchange susceptible to hack attacks. The Mt. Gox incident was significant in the cryptocurrency space because it meant that a large percentage of the world's $BTC supply had vanished forever. It had an impact on the perception of cryptocurrency exchanges and served as a wake-up call for the cryptocurrency industry, highlighting the importance of security measures when handling digital assets. Anticipate a subsequent post where I'll talk about the latest unexpected update about Mt. Gox ten years after its shutdown, which is this year #ozuru #mtgox
Do you know about the Mt. Gox Incident that Claimed Approximately 850,000 BTCs?

Mt. Gox was a major Bitcoin exchange that was first launched in July 2010. It later became the world's biggest Bitcoin exchange, handling approximately 70% of the world's Bitcoin transactions at some point 🤯.

However, the fate of Mt. Gox took a very drastic and dramatic turn. In February 2014, Mt. Gox filed for bankruptcy protection, claiming that a hacker had exploited a vulnerability to the tune of about 850,000 BTCs (approximately 7% of all the BTC in existence at that time), 750,000 BTCs of which belonged to the users (it's always hackers 🙄).

The total $BTC lost would be equivalent to about $450 million dollars as of that time, and fast forwarding to now, it would be about $36 billion dollars 😳. All this money and BTC lost forever. This resulted in the exchange halting trading activities, creating panic among users.

About a month after the website was closed, approximately 200,000 BTCs were found in an old wallet, but efforts to find the remaining lost $BTC were to no avail.

Investigations later revealed internal issues such as operational and security lapses that made the exchange susceptible to hack attacks.

The Mt. Gox incident was significant in the cryptocurrency space because it meant that a large percentage of the world's $BTC supply had vanished forever. It had an impact on the perception of cryptocurrency exchanges and served as a wake-up call for the cryptocurrency industry, highlighting the importance of security measures when handling digital assets.

Anticipate a subsequent post where I'll talk about the latest unexpected update about Mt. Gox ten years after its shutdown, which is this year

#ozuru #mtgox
So... 🤔 MTgox has 150000 btc ? 150000/21000000=0,7% So if MTgox holders sell everything, bitcoin only falls by 0.7%? That's nothing compared to the daily declines... Is there an error in my reasoning? #mtgox #btc #bitcoin
So... 🤔 MTgox has 150000 btc ?

150000/21000000=0,7%

So if MTgox holders sell everything, bitcoin only falls by 0.7%?

That's nothing compared to the daily declines...

Is there an error in my reasoning?

#mtgox #btc #bitcoin
Here are the three most important bitcoin news stories of the day, July 6, 2024: Bitcoin falls below $56k Over the last few weeks, Bitcoin has been showing a decline and it fell under $56k for the first time in several months. This fall is ascribed by analysts to a variety of causes that include regulatory concerns, profit-taking among early investors and bad press lately. Mt Gox starts paying back creditors with Bitcoin and Bitcoin Cash The now defunct Japanese cryptocurrency exchange Mt Gox is repaying its creditors using BTC as well as BCH which were lost during a hack in 2014 where billions worth of dollars disappeared. A good sign for crypto markets indicating that long term negative effects on BTC prices could be limited after all. Private Equity Giants Circle AI-Allured Bitcoin Miners Private equity companies are said to be eyeing up bitcoin miners who they believe can benefit from artificial intelligence (AI) capabilities. This move may help boost efficiency within the mining sector while enhancing profitability through such investments. #bitcoin #mtgox #VanEck_SOL_ETFS #BinanceTournament
Here are the three most important bitcoin news stories of the day, July 6, 2024:

Bitcoin falls below $56k Over the last few weeks, Bitcoin has been showing a decline and it fell under $56k for the first time in several months. This fall is ascribed by analysts to a variety of causes that include regulatory concerns, profit-taking among early investors and bad press lately.

Mt Gox starts paying back creditors with Bitcoin and Bitcoin Cash The now defunct Japanese cryptocurrency exchange Mt Gox is repaying its creditors using BTC as well as BCH which were lost during a hack in 2014 where billions worth of dollars disappeared. A good sign for crypto markets indicating that long term negative effects on BTC prices could be limited after all.

Private Equity Giants Circle AI-Allured Bitcoin Miners Private equity companies are said to be eyeing up bitcoin miners who they believe can benefit from artificial intelligence (AI) capabilities. This move may help boost efficiency within the mining sector while enhancing profitability through such investments.

#bitcoin #mtgox #VanEck_SOL_ETFS #BinanceTournament
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$BTC big storm is coming friend, Kraken has transfer the BTC to members and they can access the BTC in next 12 hours ⏬ #BTC #bearish #mtgox
$BTC big storm is coming friend, Kraken has transfer the BTC to members and they can access the BTC in next 12 hours ⏬

#BTC
#bearish
#mtgox
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⚠️🆘 Slowly Sinking! 🆘⚠️ ⛔️ Most people believe that the Mt. Gox repayment will no longer affect the price. They are wrong. Why? ✅ This transaction does not represent a single, large, off-market sale that has no impact on the price, but rather tens of thousands of small investors. These are people who have been waiting for their money for 10 years. I would like you to understand the psychology behind this. ⛔️ Others say that this amount is negligible. They are also wrong. Why? ✅ The majority of the volume results from micro trades driven by bots, just look at the trade history. Please check the current history! ⚠️⚠️⚠️ This is a nightmare for traders when large amounts of cheap bitcoin appear simultaneously among thousands of small investors. ⚠️⚠️⚠️ What can be expected in the coming weeks? Continuous selling pressure that will slowly but steadily drag the price down. Remember, the sun always shines above the clouds, and this storm will pass eventually! 🌅 ✅#BTC☀ #Mt_Gox_BTC_Dip #MtGoxJulyRepayments #mtgox #bitcoin☀️
⚠️🆘 Slowly Sinking! 🆘⚠️

⛔️ Most people believe that the Mt. Gox repayment will no longer affect the price. They are wrong. Why?
✅ This transaction does not represent a single, large, off-market sale that has no impact on the price, but rather tens of thousands of small investors. These are people who have been waiting for their money for 10 years. I would like you to understand the psychology behind this.
⛔️ Others say that this amount is negligible. They are also wrong. Why?
✅ The majority of the volume results from micro trades driven by bots, just look at the trade history. Please check the current history!
⚠️⚠️⚠️ This is a nightmare for traders when large amounts of cheap bitcoin appear simultaneously among thousands of small investors. ⚠️⚠️⚠️
What can be expected in the coming weeks?
Continuous selling pressure that will slowly but steadily drag the price down.
Remember, the sun always shines above the clouds, and this storm will pass eventually! 🌅
#BTC☀ #Mt_Gox_BTC_Dip #MtGoxJulyRepayments #mtgox #bitcoin☀️
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