CryptoBearishBitcoin Magazine · 2h ago7/10
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Mt. Gox Moves 10,422 Bitcoin While Bitcoin Price Craters Below $69,000
Mt. Gox transferred 10,422 BTC (approximately $739 million) ahead of its scheduled 2026 repayment deadline, sparking market concern despite no confirmed selling activity. The movement coincided with Bitcoin's decline below $69,000, highlighting investor anxiety around potential large-scale liquidations from the defunct exchange's creditor distributions.
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