MT GOX UPDATE 🚨🚨🚨
According to #arkham $2.47B $BTC have been moved ⚠️
Mt. Gox still holds an incredible amount of bitcoin ( around 80,128 BTC almost $5.35 billion).
This morning, Mt. Gox transferred a total of $2.47 billion in BTC to new wallets in order to distribute 5,106 BTC ( about $336 million) to 4 separate Bitstamp addresses.
Bitstamp is one of the 5 exchanges that the Mt. Gox Trustee is working with to return funds to Mt. Gox creditors. So far, Mt. Gox has sent 10,216 BTC ($675.9 million) to Bitstamp.
Be careful if you are trading in leverage. Dumping so many $Btc on the market will have clear implications on crypto and PA 🚨⚠️
What do you think will happen ? 👇