2024

Value

Bitcoin

<p>Mt. Gox, a large <a href="https://blockchainreporter.net/price-prediction/bitcoin-price-prediction/" data-type="post" data-id="64778">Bitcoin</a> exchange, has moved 1,545 more Bitcoin (worth $84.87 million) to Bitbank, a cryptocurrency exchange, according to Lookonchain.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
   <p lang="en" dir="ltr">Mt. Gox transfers another 1,545 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$BTC</a>($84.87M) to <a href="https://twitter.com/hashtag/Bitbank?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">#Bitbank</a>.<a href="https://t.co/1haz3Brcj9" target="_blank">https://t.co/1haz3Brcj9</a> <a href="https://t.co/9YtYbKtU5r" target="_blank">pic.twitter.com/9YtYbKtU5r</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1809098068421456034?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">July 5, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<h2 class="wp-block-heading" id="major-bitcoin-transfer-by-mt-gox-impacts-market-value">Major Bitcoin Transfer by Mt. Gox Impacts Market Value</h2> 
<p>Earlier today, the Mt. Gox wallet made a massive transaction of 47,229 Bitcoin. The value of these Bitcoins is worth $2.71 billion. This large transfer could have been done in anticipation of repaying people in the month of July. Due to this big move, a lot of individuals are selling out their Bitcoin and this leads to a drop in the value. At the moment, the price of Bitcoin is $54,120.</p> 
<p>This selling pressure is waking up more Bitcoin holders, and some are also selling their Bitcoin as well. The operations of Mt. Gox are a matter of interest to other users of Bitcoin since they can significantly affect the market.</p> 
<h2 class="wp-block-heading" id="mt-gox-transfers-shake-bitcoin-market">Mt. Gox Transfers Shake Bitcoin Market</h2> 
<p>Mt. Gox was once one of the largest Bitcoin exchanges based in Japan that collapsed in 2014 after apparently losing plenty of Bitcoin to hackers. Since then, it has been struggling to repay its creditors. The recent transfers are part of this repayment process. These transfers have shaken the market massively.</p> 
<p>Lastly, Mt. Gox is transferring a lot of Bitcoin, and this is largely contributing to the fluctuations in Bitcoin value, particularly for the holders. The community is closely monitoring these movements to determine their effects on the market in the next couple of weeks.</p>

Mt. Gox Transfers More Bitcoin to Exchanges

목차

BlockchainReporter

2024년 7월 5일에 게재된 다른 기사

Web3 users hit 10M in Q2, MetaMask to enhance security: Finance Redefined

ChatGPT macOS Users Surprised by Unencrypted Chat Storage

Shiba Inu Sees Decline in Whale Activity

Chainstack Announces Support for Oasis on Its Chainstack Global Elastic Nodes

Watch these Bitcoin price levels next as $52K supertrend risks failure

Why is Crypto Crashing? What Next For Bitcoin Price?

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!