🚀 Mt. Gox Moves $2.5B in Bitcoin! 🚀
- The defunct crypto exchange Mt. Gox just transferred a whopping 37,477 BTC—worth $2.5 billion—to an unknown wallet. 🕵️♂️
- This move follows a $2.8 billion Bitcoin shuffle just a day earlier, with $340 million heading to Bitstamp wallets.
- Only 40% of the Bitcoin owed to Mt. Gox creditors has been returned, leaving $5.6 billion still in limbo.
- Analysts say fears of a market crash are overblown. Many creditors are "diamond-handed" and unlikely to sell immediately.
- The worst of Bitcoin's price action? Already in the rearview mirror, say experts. 🚗💨