<p>The post <a href="https://coinpedia.org/crypto-live-news/mt-gox-cold-wallet-transfer-sparks-market-concerns/" rel="noopener noreferrer nofollow">Mt. Gox Cold Wallet Transfer Sparks Market Concerns</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>The Mt. Gox issue is not over yet as today, 42,587 BTC worth $2.85 billion was transferred from the Mt. Gox cold wallet. Of these, approximately 37,000 will be repaid to repay creditors. There have been several Mt. Gox repayment issues recently, but the market has handled them easily. As a result, the price temporarily fell and is currently hovering around $66.7K. This price range is very close to the average purchase price of $66.5k for 1-3 month BTC holders. If that support breaks down, the average purchase price range of 3-6 month holders should be watched at $63.6k.</p>

Mt. Gox Cold Wallet Transfer Sparks Market Concerns

CoinPedia News

Other articles published on Jul 23, 2024

Swan Bitcoin Abandons IPO Plans: What Consequence Will This Have?

John Cena Becomes Honorary Member of Shiba Inu Community

HashKey Cloud Collaborates with exSat as Leading Data Validator

ETH Trust Fund scam: How $2 million vanished overnight

Flash Loans: Unlocking Instant Liquidity in the Crypto World

Hamilton Lane Launches Private Credit Fund on Solana Blockchain

Join our free newsletter for daily crypto updates!