For Mt. Gox transfers $2.7 billion in Bitcoin

At approximately 07:20 AM on July 5, 2024, blockchain data shows that the cryptocurrency wallet of Mt. Gox moved 47,299 BTC, worth $2.71 billion, to a new address. This transaction costs only 3.57 USD in fees.

Before that, Mt. Gox confirmed it will begin returning 142,000 BTC assets to customers this July, 10 years since the exchange was hacked in 2014, causing a loss of 850,000 BTC.

By 11:00 AM on July 5, the world's largest cryptocurrency continued to fall below 55,000 USD - the lowest price since February 2024.

Meanwhile, Ethereum (ETH) was also affected, falling to 2,890 USD and the top 100 altcoins all recorded a decrease of 10-20%. 49$BNB