MT. Gox Transfers 11,501 BTC worth $ 1 billion Flash news details

On March 25, 2025, a large movement of Bitcoin was reported by Crypto Rover on X (previously Twitter), indicating that MT. Gox moves 11,501 BTC, worth approximately $ 1 billion. Specifically, 893 BTC, at a value of $ 78.11 million, was transferred to a hot portfolio, while 10,608 BTC, at a value of 927.48 million dollars, was transferred to the Crypto Rover, 2025-03-25). This event raised concerns and speculation in the cryptocurrency market, given the history of Mount Gox with great losses in Bitcoin and subsequent recovery efforts. The timing of these transfers is in line with the recent developments in the process of repaying the Creditor MT. Gox continuous, as Coindsk reported on March 24, 2025, which stated that the payment plan is approaching its final stages (Coinsk, 2025-03-24). The market reaction was rapidly with the news, as the price of bitcoin decreased by 2.1 % from 87,456 dollars to 85640 dollars during the first hour of the advertisement (Coingecko, 2025-03-25, 14: 00-15: 00 UTC). This immediate price reaction indicates an increase in the market sensitivity to any important movements from Mount Jacks, given its historical impact on the encryption market.
Trading effects of this multi -side event. Immediately after the announcement, the BTC/USD trading sizes on the main exchanges such as Binance and Coinbase increased by 35 % and 28 %, respectively, during the first two hours (Binance, 2025-03-25, 14: 00-16: 00 UTC; Coinbase, 2025-03, 14: 00-16: 00 UTC). This increase in size indicates a high level of market activity and a potential panic, as traders rushed to control their sites in response to news. In addition, the BTC/USDT pair on Binance witnessed an increase of 42 % in the same time frame (Binance, 2025-03-25, 14: 00-16: 00 UTC). The market reaction also extended to other commercial pairs, where BTC/ETH witnessed a 15 % increase on Kraken (Kraken, 2025-03-25, 14: 00-16: 00 UTC). These changes in size reflect a wide response in the market for MT news. Gox, where traders modify their governor through multiple commercial pairs. The scales on the series also showed a significant increase in the volume of transactions on the Bitcoin network, where an average of 1.2 million transactions per hour was recorded in the three hours following the advertisement (Blockchain.com, 2025-03-25, 14: 00-17: 00 UTC).
Technical indicators analysis after the event, Bitcoin’s scheme offered to the time frame for one hour, a clear, clear signal, as the price erupted less than the moving average for 200 days at 86,300 dollars, and closes at 85,640 dollars (Tradingvief, 2025-03-25, 15:00 UTC). The RSI also decreased from 65 to 58, indicating a shift towards the terms of sale (TradingView, 2025-03-25, 15:00 UTC). Via Macd Lower Line, which confirms the landfill (TradingView, 2025-03-25, 15:00 UTC). These technical indicators indicate that the market may be ready for further declining movement in the short term. The growing trading volume, along with these descending signals, indicates a possible continuation of the sale that the MT. has started. Goes News. The data on the series confirms this, with the number of active addresses on the Bitcoin network by 8 % during the first hour of the advertisement (Glassnode, 2025-03-25, 14: 00-15: 00 UTC), indicating the market participation widely in the price reaction.
Regarding the developments of artificial intelligence, there was no direct impact from the Gox News on the AI symbols. However, the broader market morale that is affected by such events can indirectly affect the symbols of artificial intelligence. For example, Ai Token Sernernet (AGIX) witnessed a 1.2 % decrease in the price from $ 0.78 to $ 0.77 per hour to announce the MT. Gox (Coingecko, 2025-03-25, 14: 00-15: 00 UTC). This slight decline indicates that artificial intelligence symbols are not immune to the total market morale transformations caused by large bitcoin movements. In addition, the relationship between bitcoin and artificial intelligence symbols is still relatively low, with a 30-day correlation coefficient of 0.25 between BTC and Agix (Cryptoquant, 2025-03-25). Traders looking for chances of artificial intelligence/encryption should closely monitor these links, because any major changes can provide chances of trading. The trading sizes driven by artificial intelligence remained stable during this period, with no noticeable transformations in the activities of self-trading algorithms (Kaiko, 2025-03-25).
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