Mt. Gox’s large Bitcoin transfer draws market attention

Event overview

On July 23, 2024, data showed that Mt. Gox’s Bitcoin address (starting with “18vj”) completed a large-scale Bitcoin transfer 16 minutes ago, transferring 42,587 Bitcoins (approximately US$2.85 billion) Move to a new address (starting with "15yp"). The scale of this transfer has attracted widespread market attention.

Detailed analysis

Transfer amount: The total transfer value of 42,587 BTC reached $2.85 billion. This large-scale operation significantly affected the liquidity of the Bitcoin market. Transfer address: The target address involved in this transfer (starting with 15yp) may be for a specific asset management or repayment plan, and the specific use has yet to be further confirmed.

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