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Mt. Gox has moved 12,000 BTC, equivalent to $709 million, to an unknown address. In another transfer, they sent 1,264 BTC ($74 million).

πŸ’°These moves come as the exchange continues to repay its creditors affected by the 2014 hack.

⚠️ The market is on alert, fearing that these massive transfers could cause a drop in the price of bitcoin if they are sold quickly.

Do you think if they sell this they can affect the price of Bitcoin?

πŸ‘ŽπŸΌ = Yes, the price is going to fall. πŸ‘πŸ» = No, they are not going to sell. πŸ”₯ = If they sell, the price will not move.

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Eric βœοΈπŸ‡»πŸ‡¦πŸ‡¨πŸ‡¦πŸ‡΅πŸ‡Ή 1y ago

Is that one person? Crazy

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