Bitcoin price is not independent because Excination MT. Gox Long Creation gets $ 1 billion btc ⋆ zycrypto

Mount Gox caused a stir early on Tuesday, as it transported huge amounts of bitcoin (BTC) to two wallets.

This is the third prominent money movement in the funds series by the Japanese encryption exchange for a long time this month, as it works to solve the distinguished compensation claims from the former users who lost assets during their penetration of 2014.

Mount Gox turns the new bitcoin

Transport, Trace By Arkham Intelligence, Arkham Intelligence, which took out 10,608.16 Bitcoin into an unusual address. Next, about 893 BTC was sent to the MT. Wallet Gox hot amid the last Bitcoin recovery. Top Crypto closed a brand $ 89,000 on Monday before settling about $ 8,7342 until the time of the press. According to Coingecko data, BTC is currently trading by 0.1 % higher than this time was.

The large -scale movements usually affect the MT. Gox negatively on the price of bitcoin because it has previously paid to the stock exchange creditors, but today the movement has not affected the immediate price yet.

The latest transfer follow a The previous movement is 930 million dollars In Bitcoin on March 11, the majority of the amount turned into another unknown address. Also, on March 6, Mount Gox Transfer $ 1.07 billion To a new wallet.

Market experts note that although some creditors have already received FIAT, many of them are waiting for full compensation in Bitcoin (BTC) or Bitcoin Cash (BCH). The stretch schedule affects thousands of previous users who lost assets during one of the most noticeable setbacks in this field.

Exchange delayed The deadline for the entire creditor’s payments for one year until October 31, 2025, citing the requirements for verification and continuous treatment of the demands. This means that until then, it will not exceed the treatment of MT. Gox of the pressure pressure on BTC or BCH.

It was launched in 2010, and was MT. Gox previously the most popular platform to buy and sell the first cryptocurrency in the world online, as it served nearly 70 % of all Bitcoin deals around the world in 2013. However, the Tokyo -based stock market suffered with its approval.

The collapsed stock exchange reserves about 35,583 bitcoins in its governorate, at a value of $ 3.1 billion at current prices.