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March 6, 2025

Mt. Gox Transfers 1.2 Billion in Bitcoin, Ignites Market Speculation

Mt. Gox, the infamous defunct crypto exchange, made headlines by transferring over 12,000 BTC valued at more than $1.2 billion to a new wallet. This considerable movement has sparked speculation within the crypto community about potential repayments to creditors or a revival of the exchange’s operations. Traders remain on edge, watching how this will affect the overall crypto market, particularly Bitcoin’s price as it reacts to these developments.

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