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The trustee of the defunct Mt. Gox exchange has transferred 47,229 BTC, worth approximately $2.7 billion, to a new wallet. This move is part of the ongoing process to repay creditors, which has raised concerns about a potential market sell-off....

Bitcoin's price fell below $57,000 for the first time since early May after the Mt. Gox trustee conducted test transactions, signaling potential upcoming repayments to creditors. Blockchain intelligence firm Arkham reported three small test transactions of around $8 each from...