The Mt. Gox exchange has executed a significant transfer of $2.2 billion worth of Bitcoin to a new wallet. This move involves approximately 40,000 BTC, which has raised concerns among investors about potential sell-offs that could impact the market. The transfer is part of the ongoing liquidation process for creditors affected by the exchange's 2014 hack. Market analysts are closely monitoring the situation, as such large movements can lead to increased volatility in Bitcoin's price.Read more on Unchained
Mt. Gox Transfers $2.2 Billion in Bitcoin to New Wallet
