A wallet associated with the defunct Mt. Gox exchange has transferred 10,608 BTC, worth approximately $953 million, after remaining inactive for eight months. This significant movement has reignited fears of a potential market sell-off, although no outgoing transactions from the receiving address have been observed yet. Additionally, the repayment to creditors has been postponed until October 31, 2026, delaying the distribution of around $4 billion in bitcoin.
Mt. Gox Wallet Moves $953M in Bitcoin, Sparking Market Concerns
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