Bitcoin News: Mt Gox Moves 3,620 BTC, Sparks Concerns Amid $1B Liquidations

Quick Summary:

On-chain data flagged that the beleaguered firm moved a whopping 3,620 coins, sparking concerns as the broader market witnessed over $1 billion in crypto liquidations recently.

Bitcoin News: Bankrupt crypto exchange Mt Gox on Friday caused a market stir, again moving colossal amounts of BTC.

Further, the exchange shifted another 126.577 coins, worth $12.33 million, to the unknown wallet address bc1qkf…ffm7sf.

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Category: Crypto

Markets: India

Topics: Bitcoin (BTC) Price 24/7 Cryptocurrency News Crypto Liquidations Mt gox Bitcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-06 @ 07:06:03 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 447 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 14 words per sentence (average)

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Copyright Owner: © CoinGape

News ID: 24163112

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