Mt. Gox shakes up the markets with a transfer of 1,620,$BTC

Since its fall in 2014, the ghost of Mt. Gox continues to hover over the crypto market. Each movement of its $BTC raises questions and speculations, awakening old demons among investors.

Latest episode to date: the transfer of 1,620,$BTC for a value of 172 million dollars, just after a new record of Bitcoin around 107,000 dollars. Enough to shake up the markets without shaking their stability.

Does the platform use these movements to prepare repayments? Mystery. Because historically, such actions have preceded distributions to creditors, but without ever arousing as much interest. The timing, however, is thought-provoking: these transfers come just hours after Bitcoin flirted with its new all-time high.

Yet, contrary to expectations, Bitcoin remained surprisingly stable, hovering around $106,500 after this massive transfer. A situation that suggests that markets are now more resilient to “historic” shocks in the crypto ecosystem.