
Mt.Gox move $2.84B worth of Bitcoin internally.
Mt. Gox has moved $2.84B worth of Bitcoin internally, which could mark the start of the repayment for July.
Author: Sahil Thakur
Written On: Tue, 16 Jul 2024 08:54:15 GMT

Mt.Gox has moved 44,527 Bitcoin, worth around $2.84B at the time of writing to an internal wallet according to Arkham. This could signal the start of a repayment phase for Mt.Gox.
Its worth remembering that Mt.Gox hold nearly $8.8B worth of Bitcoin that will need to be repaid back to the users this year starting from July.
The German govt just finished selling off its Bitcoin which saw Bitcoin bounce back from its lows and upwards to the $64k range but this news seems to have pulled back Bitcoin by nearly $2000.
Trusted
Our Crypto Talk is committed to unbiased, transparent, and true reporting to the best of our knowledge. This news article aims to provide accurate information in a timely manner. However, we advise the readers to verify facts independently and consult a professional before making any decisions based on the content since our sources could be wrong too. Check our Terms and conditions for more info.