Asset Receipt: today the exchange received Bitcoin, Bitcoin Cash and Ethereum from Mt.Gox trustees.
Initial Transfer: Mt. Gox first transferred 2,237 #BTC (147 million USD) and then another 382 BTC (25 million USD) to Bitstamp.
Additional transfer: a wallet associated with Mt. Gox sent 32,371 BTC (2.13 billion USD) to an unknown address. #BTC transfers totaling about $2.8 billion were also reported.
Unbanked withdrawals:
amid the $9 billion to be sold, the market is holding up well so far, especially bitcoin. After Kraken launched the coin yesterday, the market seems to be more spooked when countries sell coins, albeit on a large scale, as ETF pitching has led to the view that bitcoin will outperform #BTC in the short term and that these dip sales should be seen as a buying opportunity.
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