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Mt. Gox Shifts $2.2B in Bitcoin : Potential for BTC Price to Dip Below $60K

Coinpedia LogoCoinpedia2w ago

Mt. Gox Shifts $2.2B in Bitcoin : Potential for BTC Price to Dip Below $60K - Coinpedia

Quick Summary:

According to on-chain data analysis provided by Arkham Intelligence, the defunct cryptocurrency exchange made the largest transfer of Bitcoins from its associated wallet earlier today.Mt.Gox sent 32.

Gox is preparing to make another fund distribution.

Gox funds is viewed as a bearish impact as it largely dilutes the existing market supply.

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Mt. Gox Shifts $2.2B in Bitcoin : Potential for BTC Price to Dip Below $60K - Coinpedia (Picture 1)

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Article Details

Author / Journalist: Qadir AK

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-05 @ 04:32:57 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 291 words

Reading Time: 2 minutes read

Sentences: 35 lines

Sentence Length: 9 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 23422343

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About Coinpedia

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Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 21 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 10 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

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The story "Mt. Gox Shifts $2.2B in Bitcoin : Potential for BTC Price to Dip Below $60K" has 291 words across 35 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Mt. Gox Shifts $2.2B in Bitcoin : Potential for BTC Price to Dip Below $60K" was covered 2 weeks ago by Coinpedia, a news publisher based in United States.

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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 21 news stories per day.

It's most recent story was published 10 hours ago.

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  • News ID: #23422343
  • URL: https://beamstart.com/news/mt-gox-shifts-22b-in-17307815128017

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