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.