Mt. Gox’s Transfers Led to the Fall of Cryptocurrencies

Japan-based cryptocurrency exchange Mt., which collapsed 10 years ago. A large amount of BTC was transferred from Gox wallets. This situation caused a loss of value in cryptocurrencies.

Cryptocurrency markets found something to be nervous about today as well. Japan-based stock exchange that collapsed 10 years ago Mt. goxA large amount of Bitcoin (BTC) was transferred from wallets belonging to . This transfer includes many cryptocurrencies, especially BTC and Ethereum (ETH). to lose value led.

BTC reached the level of 70 thousand dollars again the other day. In parallel, ETH also pushed the $ 4,000 level. However, Mt. Gox wallets over 7 billion dollars The movement of 107 thousand 547 BTC with a value of 107 thousand 547 caused fear in the markets. In fact, such an event will happen was known However, despite everything, the decline could not be prevented.

BTC price chart is as follows:

BTC, Mt. With the start of BTC transfer from Gox wallets 67 thousand 500 dollars decreased to levels. However, markets later began to recover. As of the time this article was written, BTC is at $68,600 and ETH is at $68,600. $3,900 is traded at levels.

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Mt. Let’s also explain the reason for money transfers in Gox wallets. Bankrupt stock market, in liquidation process He announced that he would give investors money. A few months ago, the identity verification process of creditors started. No statement was made on the issue, but this is exactly the reason for the transfers in the wallets. The stock exchange transferred 107 thousand 547 BTCs to their real owners. will refund.

Source :
https://cointelegraph.com/news/mt-gox-labeled-bitcoin-wallet-moves-millions-new-address


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