Bitcoin holds above $107 despite $172m Mt. Gox BTC transfer
Mt. Gox moved over $172 million in BTC to new wallet addresses. The price of Bitcoin held strong despite bankrupt crypto exchange’s wallet activity. Bankrupt crypto exchange Mt.Gox has notably transferred about 1,620 Bitcoin to new unknown addresses. The value of the Bitcoin transfer stood at over $172.5 million, and was sent to new addresses. The transfers happened as BTC price hovered around $107,380, having hit new all-time highs above $107,822. Unlike in the past Mt. Gox transactions of the flagship cryptocurrency, the latest movement hasn’t seen BTC react violently lower. Dormant whales have also woken up, as Arkham Intelligence pointed out in a post on X. BTC WHALE WAKES UP: MOVES $530M AFTER 3 YEARS A Whale that has been dormant for over 3 years has just moved $530M of Bitcoin into two new addresses, with one holding $420M and the other holding exactly 1000 BTC (~$107M) The last time this BTC moved was 3 years ago, in April… pic.t...