2024

Arkham

Billion

Coin

<ul class="wp-block-list news-points">
 <li><strong>Mt. Gox transfers $2.2B in Bitcoin, raising questions about future market impact.</strong></li>
 <li><strong>Bitcoin holdings dip $32.97M as market volatility affects Mt. Gox’s $3.03B portfolio.</strong></li>
 <li><strong>Key indicators (MACD, RSI) suggest cautious market sentiment amid heightened trading activity.</strong></li>
</ul>
<p>Blockchain analytics firm Arkham reports that Mt. Gox has transferred roughly $2.2 billion worth of Bitcoin to unmarked wallet addresses. This transfer comes on the heels of a smaller transaction last week involving 500 BTC, raising questions about the motives behind these movements.</p>
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   <p lang="en" dir="ltr">The <a href="https://twitter.com/hashtag/MtGox?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#MtGox</a> wallet has transferred 32,371 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$BTC</a>($2.19B) to 3 new wallets again in the past 2 hours.<a href="https://t.co/f2q66eQNuk" target="_blank" rel="noopener noreferrer nofollow">https://t.co/f2q66eQNuk</a> <a href="https://t.co/8OPtun9oDZ" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/8OPtun9oDZ</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1853610472874160370?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 5, 2024</a>
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<p>Mt. Gox’s latest activity is its first large-scale Bitcoin transfer since late September, further fueling curiosity about its holdings and potential market impact.</p>
<p>Following these transfers, <a href="https://platform.arkhamintelligence.com/explorer/entity/mt-gox" target="_blank" rel="noopener noreferrer nofollow">Mt. Gox currently holds a total balance</a> of 44,378 BTC, worth approximately $3.03 billion at a Bitcoin price of $68,371. However, recent market volatility has affected this valuation, leading to a portfolio decline of roughly $32.97 m…</p>
<p>The post <a href="https://coinedition.com/mt-gox-just-moved-2-2-billion-worth-of-bitcoin-arkham-reveals/" rel="noopener noreferrer nofollow">Mt. Gox Just Moved $2.2 Billion Worth of Bitcoin, Arkham Reveals</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Mt. Gox Just Moved $2.2 Billion Worth of Bitcoin, Arkham Reveals

Coin Edition

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