Bitcoin

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According to data provided by Lookonchain, Mt. Gox recently moved $3.13 billion worth of Bitcoin to different wallets.&nbsp;
As reported by U.Today, Mt. Gox repayments, which were initially announced in late May, <a href="https://u.today/bitcoin-btc-price-slips-as-mt-gox-repayments-pick-up-steam" rel="noopener noreferrer nofollow">picked up</a> steam in July.&nbsp;
However, Mt. Gox-induced selling pressure might have been overestimated by the market. As <a href="https://u.today/mt-gox-bitcoin-holders-unexpectedly-refuse-to-sell" rel="noopener noreferrer nofollow">reported by U.Today</a>, many Bitcoiners have opted to move their coins to cold storage instead. &nbsp; &nbsp;&nbsp;
Bitcoin is currently trading at $66,409, according to data provided by CoinGecko.&nbsp;
So far, more than 40% of coins have already been distributed to Mt. Gox creditors.
Mt. Gox, which was the dominant cryptocurrency exchange during its heyday, collapsed back in 2014 following a damning hack. &nbsp; &nbsp; &nbsp;

Mt. Gox Makes Gargantuan Bitcoin Transfer as BTC Price Languishes

U_Today

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