Mt. Gox Transfers Billions in Bitcoin, Igniting Fresh Concerns Over Crypto Price Decline

The ongoing issues surrounding Mt. Gox’s bankruptcy estate have intensified fears about plummeting cryptocurrency prices. A recent significant movement of Bitcoin to an unknown wallet has captured the attention of the crypto community. Blockchain analytics firm Arkham Intelligence identified a substantial transfer of 47,228 BTC, valued at about $2.71 billion. Learn about how the transfer