Mt. Gox Moves 500 BTC, Sparking Speculation on Creditor Repayments and Possible Bitcoin Sell-Off
Mt. Gox moved 500 BTC, worth $35.04M, to unmarked addresses, sparking speculation of possible creditor repayment or market sell-off.
Bitcoin price dropped 4% after Mt. Gox’s transfer, raising market concerns over potential impacts if more assets are moved or sold.
Mt. Gox’s recent transfer follows a creditor payment deadline extension to October 2025, though no official statement clarifies this ac
2/11/2024