Bitcoin Price Unfazed as Mt. Gox Shifts Another $352 Million Worth of BTC 💸
Mt. Gox, the infamous Bitcoin exchange, has transferred $352 million worth of BTC. Despite the significant transfer, the Bitcoin market has remained stable and unfazed, largely due to the postponement of repayments until 2025.
A source informed Decrypt that this movement "does not affect the market volatility much anymore." This indicates that traders and investors have adjusted their expectations regarding these large transfers, mitigating potential market impacts.
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