🚨Crypto heads, chill!🚨 The recent 138,000 BTC transfer by the defunct Mt. Gox exchange isn't a sign of doom. Here's why:
🔹CryptoQuant analysts say the move won't cause immediate sell pressure on BTC.
🔹The transfers were between Mt. Gox’s trustee addresses, not creditor repayments.
🔹The new addresses belong to Mt. Gox’s Rehabilitation Trustee, managing the repayment process.
🔹No repayments have started, nor has any BTC been sold in that regard.
So, no need to panic, folks! 🙌 What are your thoughts on this? Let's chat below! #DeFi #CryptoNews