đ **Bitcoin on the Move: Mt. Gox Trustee Transfers $2.47B in BTC!** đ
Hey Bitcoin enthusiasts! đ Big news from the crypto world: the rehabilitation trustee of the now-defunct Mt. Gox exchange has just moved a whopping $2.47 billion worth of BTC to an unknown address. According to Arkham, this involved a transfer of 32,371 BTC at around 04:46 am UTC. đ
Over the past two weeks, the trustee has been busy distributing bitcoins to exchanges like Kraken and Bitstamp as part of a creditor distribution plan. Kraken has already started distributions, while Bitstamp is still in the process of receiving assets. đŒ
Despite some market jitters, analysts believe the impact of these movements is overestimated. Stay tuned for more updates! đ
