Mt. Gox Wallet Moves $2.19B in Bitcoin to New Addresses

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Mt. Gox Transfer Bitcoin Amid Market Volatility

The post Mt. Gox Wallet Moves $2.19B in Bitcoin to New Addresses appeared first on Coinpedia Fintech News

As the Bitcoin price is back to $68,000, the Mt. Gox labeled wallets are making new transfers. In the last 24 hours, the Mt. Gox labeled wallets have transferred 32,371 bitcoins worth $2.19 billion. The transfer has occurred to three new wallets that have reignited the market attention and concerns about a new supply incoming. In August, Mt. Gox made a similar move when it transferred 33,141 bitcoins worth $2 billion. At that time, 33,023 bitcoins were directed to new addresses, and 117 bitcoins worth $7 million were sent to the cryptocurrency exchange OKEx.

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