BEAMSTART Logo

Mt. Gox Moves $2 Billion in Bitcoin—Is a Massive Sell-Off Coming?

Coinpedia LogoCoinpedia5d ago

Mt. Gox Moves $2 Billion in Bitcoin—Is a Massive Sell-Off Coming? - Coinpedia

Quick Summary:

Gox crypto exchange has transferred over $2 billion worth of Bitcoin into two addresses, possibly hinting at the next phase of creditor repayments.

This major transfer comes as Bitcoin hits an all-time high of $81,858, raising questions about potential sell pressure.

Could this massive move trigger a short-term sell-off in BTC? Mt.

More Pictures

Mt. Gox Moves $2 Billion in Bitcoin—Is a Massive Sell-Off Coming? - Coinpedia (Picture 1)Mt. Gox Moves $2 Billion in Bitcoin—Is a Massive Sell-Off Coming? - Coinpedia (Picture 2)

or

Article Details

Author / Journalist: Mustafa Mulla

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-11 @ 05:52:12 (5 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 379 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 12 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23509815

View Article Analysis

About Coinpedia

Coinpedia Logo

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 16 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Mt. Gox Moves $2 Billion in Bitcoin—Is a Massive Sell-Off Coming?" has 379 words across 34 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Mt. Gox Moves $2 Billion in Bitcoin—Is a Massive Sell-Off Coming?" was covered 5 days ago by Coinpedia, a news publisher based in United States.

How trustworthy is 'Coinpedia' news outlet?

Coinpedia is a fully independent (privately-owned) news outlet established in 2016 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 16 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #23509815
  • URL: https://beamstart.com/news/mt-gox-moves-2-billion-17313089255442

More News from Coinpedia

Latest Jobs

More Crypto News

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2024 BEAMSTART. All Rights Reserved.