Mt. Gox Yet Again In Spotlight With 33,141 Bitcoin Transfer!

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Author: Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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Mt. Gox is yet again in the spotlight as a Mt. Gox-labeled address recently moved 33,141 Bitcoin, which is roughly equivalent to $2 billion. A total of 33,023 Bitcoins were transferred to a new address and an additional 117 Bitcoins, or roughly $7 million, were sent to cryptocurrency exchange OKX. It is critical to realize that the market has already priced in this transfer, which was anticipated. Care has been taken to manage sales of these assets so as not to upset the market. The assets have been handled methodically.