MT. GOX ON THE MOVE: Over $7 Billion in Bitcoin Transferred! 😨
In a surprising development, Mt. Gox, the defunct #cryptocurrency exchange, has transferred a significant amount of #Bitcoin in the last hour. On-chain data reveals two separate transactions totaling over 106,500 $BTC , with an estimated value of $7.2 billion.
This news has sent shockwaves through the crypto community, with many speculating on the purpose of these large transfers. While the exact reasons remain unclear, the movement of such a substantial amount of Bitcoin is bound to impact the market.
