😱🫨$5 billion transfer created panic: Bitcoin is in decline!

#Bitcoin (#BTC ), the collapsed crypto exchange Mt. Wallets belonging to Gox fell by 2 percent after moving 75 thousand 21 BTC, worth about $ 5 billion, to an unknown wallet.

The frightening transfer in Bitcoin occurred on the defunct crypto exchange Mt. It took place ahead of Gox's plan to return its BTC assets to creditors before October. X account Whale Alert, known for its onchain data, revealed four onchain statistics in May 28 X shipments ranging from 3,999 BTC to over 16,500 BTC.

Mt. Gox's threat on Bitcoin continues

Blockchain research firm Arkham Intelligence announced on May 28 that from 01:41 am to 02:54 UTC, multiple Mt. Gox has released four transactions, including a total of 21 transfers made from its cold wallet, most of which moved 2,000 BTC in one go.

Mt. Gox moved Oct.32,137 BTC to the same address at 04:11 UTC, bringing its total assets to over $5 billion worth of Bitcoin. All transactions pointed to a single inactive address. Arkham, Mt. It shows that Gox still has about 138,000 BTC worth over $9.36 billion.

Mt. Nagashima Ohno and Tsunematsu, Gox's trustee company, did not immediately respond to a question about where and why Bitcoin was moved. Bitcoin, Mt. Gox fell by about 2 percent after BTC's move, and according to CoinMarketCap, it is currently trading at $ 67,875, down from $ 69,374 at the time of the first transfer.

Last month, K33 Research analysts reported that Mt. The Gox era had warned that Bitcoin's movement would scare the market and create pressure on the market. Mt. Pay Oct. 31 is the final refund date for Gox. Paying January, the trustees contacted the creditors to verify their identities and started changing accounts for repayment.

#btc70k #binance