🚀 #CryptoUpdate: Mt. Gox refunds BTC via Kraken, expected distribution in the next 7-14 days!

🔍 Arkham Intelligence discovered 48,641 BTC (~$3.1B) transferred from Mt. Gox to Kraken related wallet.

📊 Mt. Gox currently holds 138,985 BTC (~$8.93B), transferred from cold wallet to hot wallet.

💬 Community debates impact on the market:

- Matthew Hyland: BTC could drop to $38K.

- Stockmoney Lizards: Forecast price floor of $50K.

- ZackXBT: Short-term impact, only investors with little confidence will sell.

- Jacob King: 99% of creditors can sell BTC, profit up to 8,500%.

🏦 Institutional cash flow can reduce volatility:

- Cash flow into BTC last week reached $1.35B, the highest ever.

- Market psychology from "extreme fear" to "greed".

💬 What do you think? Comment now! 💬#Bitcoin#Blockchain #CryptoNews