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🚨Crypto heads, chill!🚨 The recent 138,000 BTC transfer by the defunct Mt. Gox exchange isn't a sign of doom. Here's why: 🔹CryptoQuant analysts say the move won't cause immediate sell pressure on BTC. 🔹The transfers were between Mt. Gox’s trustee addresses, not creditor repayments. 🔹The new addresses belong to Mt. Gox’s Rehabilitation Trustee, managing the repayment process. 🔹No repayments have started, nor has any BTC been sold in that regard. So, no need to panic, folks! 🙌 What are your thoughts on this? Let's chat below! #DeFi #CryptoNews

🚨Crypto heads, chill!🚨 The recent 138,000 BTC transfer by the defunct Mt. Gox exchange isn't a sign of doom. Here's why:

🔹CryptoQuant analysts say the move won't cause immediate sell pressure on BTC.

🔹The transfers were between Mt. Gox’s trustee addresses, not creditor repayments.

🔹The new addresses belong to Mt. Gox’s Rehabilitation Trustee, managing the repayment process.

🔹No repayments have started, nor has any BTC been sold in that regard.

So, no need to panic, folks! 🙌 What are your thoughts on this? Let's chat below! #DeFi #CryptoNews

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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