Bitcoin $BTC remains stable despite massive $782 million BTC transfer from Mt. Gox💸🔒
Despite the transfer of 13,265 $BTC (approximately $782 million) by Mt. Gox, the price of Bitcoin has remained surprisingly stable, trading near $60,000 💵. Of the $BTC transferred, 12,000 went to a new wallet and 1,265 to an internal wallet 💼. Previously, on August 14, Mt. Gox moved 33,140 BTC, generating little selling pressure.
Experts like Alex Thorn of Galaxy Digital do not expect a significant impact on the market 📉, as only a small portion of the transferred BTC is intended for immediate distribution. Although Bitcoin has seen a slight decline of 2.3% in the last 24 hours, market indicators suggest a possible bullish trend 📈, with expectations of a *short squeeze* that could push prices higher 🚀. In addition, the cryptocurrency mining sector shows signs of recovery, which could precede a significant increase in the price of Bitcoin ⚒️
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