Mt. Gox moves $739 million worth of bitcoin to two addresses: Arkham
Hex37's read
- Mt. Gox moved 10,306 BTC early Tuesday.
- Funds were transferred to an unmarked address and hot wallet.
- Total value of the transfer is $739 million.
What it means for traders
- Large BTC movements from Mt. Gox could signal upcoming creditor payouts, potentially increasing sell pressure.
- Monitor BTC price action for any significant volatility following this large transfer.
Affected markets
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