“Wallets Linked to Mt. Gox Still Hold $ 2.9 Billion of Assets, WHICH Are Due to Be Paid Outors This October.”, – WRITE: www.coindesk.com
A Bitcoin Address Linked to Mt. Gox Transferred 11.834 BTC, Worth About $ 930 Million, To New Wallets, Arkham Intelligence Data Showed. Some 26 Million of BTC Landed on an “Operations Wallet,” Potentally As a Preparation for Distributing to Creditors, While the Rest Arrived to A “Change Wallet,” Analyst.
MT GoX Wallets on March 11 (Arkham Intelligence)
The Latest Movement Came After Last Week’s $ 1 Billion International Reshuffling of Assets, Followed by A $ 15 Million Transfer to Crypto Custodian Bitgo Can Claim Their Assets.
Mt. Gox Wallet Transfers Weighed on BTC Prices Through Mid-2024, As Traders Braced for Selling Pressure When the Exchange Started to Pay Outsets Worts of Billions of Dellars. In October, The Trustee Managing Assets of the Exchange Postponed the Deadline to Repay Creditors to October 31, 2025, Allaying Immediate Concerns of Further Pressure.
Read More: Mt. Gox Postpones Repayment Deadline to 2025, Allaying Concerns of Bitcoin Selling Pressure
The Latest Movements, However, Could Forehadow The Estate Repaying The Rest of the Assets to Users, Reigniting Fears Of Selling Pressure Who Crypto Markets ALREADY IN THE MIDDLETLY. from Record Highs in January.
Mt. GOX-LINKED WALLETS RECENTLY HELD $ 2.9 Billion Werth of BTC, Arkham Data Shows.
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