Bitcoin

<p style="text-align: justify">You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/mt-gox-moves-bitcoin-to-unknown-wallet/" data-wpel-link="internal">Mt. Gox Moves Bitcoin to Unknown Wallet</a><br></p>
<p style="text-align: justify">Mt. Gox events continue at full speed in <a href="https://en.coin-turk.com/kraken-receives-record-breaking-bitcoin-inflow-signaling-potential-bull-run/" data-wpel-link="internal">Bitcoin</a>. Recently, the process continued after <a href="https://newslinker.co" target="_blank" rel="noopener" data-wpel-link="exclude">news</a> emerged about thousands of BTC being moved to an unknown wallet, and the amount of BTC moved exceeded $2.9 billion, indicating that BTCs that had not moved in the last 5 years were now on the move.</p> 
<h2 style="text-align: justify" id="bitcoin-movement-from-mt-gox">Bitcoin Movement from Mt. Gox</h2> 
<p style="text-align: justify">Just minutes ago, news hit the <a href="https://finance.coin-turk.com/" data-wpel-link="exclude">market</a> like a bomb that 12,400 Bitcoins were moved by Mt. Gox. The number of BTCs sent by Mt. Gox to an unknown cold wallet has changed.</p> 
<p style="text-align: justify">After the incident, it was seen that the transfers continued, and BTCs worth approximately $2.9 billion were accumulated at this address. It is also worth noting that these tokens, whose purpose of transfer is currently unknown, were moved to the address within the last 2 hours.</p> 
<p style="text-align: justify"><img loading="lazy" loading="lazy" decoding="async" class="aligncenter size-full wp-image-356470" src="https://coin-turk.com/wp-content/uploads/2024/05/mt-gox-coin-turk-com.png" alt="" width="2551" height="1111"></p> 
<p style="text-align: justify">Looking at the wallet history, it was seen that it became active about a week ago, and before the Mt. Gox transactions, approximately 22,000 BTCs were sent to this address. In the last 2 hours, a total of over 31,000 BTCs have been sent to the address.</p> 
<p style="text-align: justify">Additionally, it is known that Mt. Gox will distribute its assets of 142,000 BTC and 143,000 BCH to creditors before October 31, 2024. This situation has raised a big question mark over the Bitcoin price and triggered a sharp decline.</p> 
<h2 style="text-align: justify" id="what-is-the-bitcoin-price">What is the Bitcoin Price?</h2> 
<p style="text-align: justify">Following the news, the Bitcoin price suddenly dropped from $69,400 to $68,400, and after the second transfer news, it experienced another sharp decline. Currently, the BTC price has fallen to $67,500 but appears to have returned above $68,000 at the time of writing.</p> 
<p style="text-align: justify">After the decline, the market volume also fell, dropping to $1.33 billion. The 24-hour trading volume reveals the intense interest in Bitcoin. The trading volume exceeded $28 billion after a rise of over 60%.</p> 
<p style="text-align: justify">This situation seems to harbor mixed emotions. Following the transfer news, the large volume created by short sellers continues to be discussed among market participants.</p> 
<h5><span style="font-weight:bold;font-size:16px">The post first appeared on COINTURK NEWS: </span> <a href="https://en.coin-turk.com/mt-gox-moves-bitcoin-to-unknown-wallet/" data-wpel-link="internal">Mt. Gox Moves Bitcoin to Unknown Wallet</a></h5>

Mt. Gox Moves Bitcoin to Unknown Wallet

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