Mt. Gox moves $739M in Bitcoin from cold wallets: Arkham
Hex37's read
- Mt. Gox moved $739M in Bitcoin from cold storage.
- This is the first such movement since March.
- Speculation rises about upcoming creditor payouts.
What it means for traders
- Potential for increased BTC selling pressure if distributions begin.
- Monitor BTC price action for reactions to distribution news.
Affected markets
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