2024

Bitcoin

Million

Arkham

<ul class="news-points"> 
 <li>Mt. Gox initiates $2 billion Bitcoin distribution to 2014 hack victims.</li> 
 <li>Bitcoin whale withdraws $387 million from Binance, signaling potential market rally.</li> 
 <li>Bitcoin price fluctuates amidst Mt. Gox payouts and whale activity.</li> 
</ul> 
On-chain data reveals significant activity in the Bitcoin market, including a <a href="https://x.com/ArkhamIntel/status/1817962145985724629" target="_blank" rel="nofollow">transfer of $2 billion</a> worth of BTC by the defunct Mt. Gox crypto exchange to a new wallet, as identified by Arkham Intelligence. Lookonchain, the crypto analysis platform, also spotted massive BTC withdrawals from the centralized crypto exchange Binance. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Whale"12QVsf" withdrew 1,300 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BTC</a>($85.56M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Binance</a> again in the past 30 minutes! The whale has withdrawn 5,800 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$BTC</a>($387.88M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Binance</a> in the past 2 days! Address: 12QVsfAFv5RsHuqx4i9WsNGJPeiYLoN2qo<a href="https://t.co/W3vpJUThry" target="_blank" rel="nofollow">https://t.co/W3vpJUThry</a> <a href="https://t.co/K4mpBjQaZS" target="_blank" rel="nofollow">pic.twitter.com/K4mpBjQaZS</a>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1818529334208131158?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">July 31, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
According to reports, the $2 billion transfer was part of the Bitcoins Mt. Gox planned to redistribute to creditors affected by the infamous 2014 hack. This leaves the collapsed exchange’s wallet with a <a href="https://platform.arkhamintelligence.com/explorer/entity/mt-gox" target="_blank" rel="nofollow">balance of 80,128 BTC</a>, equivalent to approximately $5.32 billion, at the time of writing. 
Meanwhile, Lookonc…
The post <a href="https://coinedition.com/bitcoin-whale-cashes-out-387-million-as-mt-gox-begins-btc-distribution/">Bitcoin Whale Cashes Out $387 Million as Mt. Gox Begins BTC Distribution</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Bitcoin Whale Cashes Out $387 Million as Mt. Gox Begins BTC Distribution

Coin Edition

2024년 7월 31일에 게재된 다른 기사

Ripple CEO Criticizes SEC’s “Haphazard” Approach to Crypto Regulation

BTC price lower highs keep Bitcoin bears in control at $70K

Cryptocurrency Investors Face Challenges in July

Avalanche Network Revolutionizes CA DMV: 42 Million Car Titles Digitized

M2 ADGM Announces a New, Secure and Seamless UAE Bank Account Integration for UAE Residents to Bu...

Top Pepecoin Rival Challenges PEPE With New De-Fi and Gambling Utility Priced $0.00077

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!