Mt. Gox Transfers $1B in Bitcoin Spark Selling Fears, Potential Year-End Recovery Looms

The Mt. Gox estate recently transferred over $1 billion in Bitcoin, moving 10,600 BTC valued at $953 million to a new wallet and selling 185.5 BTC for $16.8 million on Kraken. This activity has heightened fears of additional selling pressure amid Bitcoin’s 29% decline since October. Mt. Gox Bitcoin transfers involve shifting funds from dormant […]

Source: https://en.coinotag.com/mt-gox-transfers-1b-in-bitcoin-spark-selling-fears-potential-year-end-recovery-looms