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).
π°These moves come as the exchange continues to repay its creditors affected by the 2014 hack.
β οΈ 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?
ππΌ = Yes, the price is going to fall. ππ» = No, they are not going to sell. π₯ = If they sell, the price will not move.
