**Crypto News Flash: Mt. Gox Moves $3.1B BTC, Market Stays Calm**
In a significant move, Mt. Gox, the defunct Japanese exchange, transferred 47,229 BTC worth $3.1 billion between internal wallets and then moved nearly 34,000 BTC ($2.3 billion) to new addresses, likely BitGo. Despite these massive transfers, Bitcoin's price remained relatively stable, dropping only 0.4% before rebounding.
- **Key Points:**
- Mt. Gox's total BTC holdings are now down to $3 billion from $9 billion last month.
- Previous large transfers caused price declines, but today's market reaction was minimal.
- Analysts suggest creditors might be long-term holders.
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