🚀 Big Moves in the BTC World! 🚀

On Tuesday, Mt. Gox made headlines by transferring a whopping $2.19 billion worth of Bitcoin (33,105 BTC) to a new, unidentified address. This comes on the heels of previous massive transfers to exchanges like Bitbank, Kraken, Bitstamp, and SBI VC Trade. 🌐

Despite these movements, Mt. Gox wallets still hold about $5.29 billion in BTC. Bitstamp and Kraken have begun distributing assets to creditors, with over 17,000 creditors receiving repayments as of late July. 📈

Glassnode reports that long-term holders are likely to mitigate any sell-off pressure, signaling a strong HODLing trend. BTC enthusiasts, stay optimistic! 🌟