Friday morning, bankrupt Mt. Gox exchange moved 47,228 BTC from cold storage to a new address. The sale of Bitcoin, Mt. Gox moved a large amount of BTC to a new wallet for creditor payments. 📉

The leading cryptocurrency fell more than 4% in terms of market cap to $53,600, the lowest level since February 26. 😱

Mt. Gox moved 47,228 BTC ($2.6 billion) from cold storage to a new wallet. The exchange is expected to begin distributing assets stolen from customers in a 2014 attack. 💸

Those to be paid include 140,000 BTC ($7.73 billion), 143,000 BCH and Japanese yen. There is concern that creditors, who have been waiting for compensation for ten years, will immediately start selling as soon as they receive their money. 😰

However, analysts have recently tried to calm nerves by saying compensations would limit selling pressure, but they were unsuccessful. BTC is down 10% in the last seven days and 22% in the last four weeks. 📉

How long do you think this situation will last? We are waiting your comments! 😊#DeFi#Web3