Mt. Gox, a bankrupt cryptocurrency exchange, transferred $9 billion worth of Bitcoin to a single address, confusing the markets.🥷🏻
Bitcoin's price dropped below $68,000 after the transfer. The market is speculating about potential selling pressure that could result from the transfer. 📉
This move, Mt. It is part of Gox's plan to pay its creditors by October 31, 2024. The transfer caused a 1.4% drop in Bitcoin's value. 🧐
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