Mt. Gox Transfers $784 Million in Bitcoin: Market Remains Stable 💸
Mt. Gox recently transferred 13,265 BTC, valued at $784 million. Of this, 12,000 BTC were moved to a new wallet, while 1,265 BTC were placed into a Mt. Gox cold wallet.
Despite this substantial transfer, Bitcoin's price remained stable above $59,000. This indicates market resilience and potential confidence among investors.
Currently, Mt. Gox still possesses a significant amount of Bitcoin, holding 46,164 BTC worth around $2.7 billion. Creditors seem to be holding onto their Bitcoin rather than selling.
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