CryptoBearishBlockonomi · 5h ago7/10
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Mt. Gox Sends $8M in Bitcoin to Bitstamp, Sparking Market Concerns
Mt. Gox transferred $8.16 million in Bitcoin to Bitstamp exchange as BTC price dipped below $62,000, raising concerns about potential liquidation pressure ahead of the October 2026 creditor repayment deadline. The transfer signals that the defunct exchange's trustees are preparing to distribute recovered assets to creditors.
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