Mt. Gox shifts out $700M in Bitcoin, first major move in 3 weeks
It’s the most significant Bitcoin move since July 30, though Galaxy’s head of research doesn’t think it’s for distribution.
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It’s the most significant Bitcoin move since July 30, though Galaxy’s head of research doesn’t think it’s for distribution.
Jump still holds at least $125 million of staked-Ether, blockchain data from Arkham shows.
Mt. Gox transfers 5,106 BTC to Bitstamp and an unknown address; 2869 BTC rapidly moved through multiple wallets.
In a significant development, Mt. Gox has transferred over 47,500 BTC to unknown addresses, significantly reducing its Bitcoin reserves.
Using five different crypto exchanges suggests that the wallet sought to maximize liquidity on each order book and sell Bitcoin as soon as possible.
Mt. Gox’s cold wallet transfers 47,229 BTC worth $3 billion to an unknown address, marking significant activity after a two-week lull.
Germany’s Bitcoin stack briefly dipped below 5,000 BTC after sending a mass of funds to Coinbase, Bitstamp, and Kraken but has since moved some back.
The German government is ramping up its Bitcoin sell-off, preparing to offload an additional $342 million worth of BTC.
The latest transactions by the German government follow MP outcries to stop the sell-off and protect the country from the risks of the traditional financial […]
