TNW uses cookies to personalize content and ads to make our site easier for you to use. You can expect some serious volatility in the cryptocurrency market over the next few days, if history is any indication. Notorious cryptocurrency exchange desk Mt. Gox — which went down in gox bitcoin news, along gox bitcoin newsof its users Bitcoin — has moved another huge batch of its remaining funds to consolidated wallets. Gox cold wallet monitor. The 16, BTC have gox bitcoin news transferred to the following address:.
Meanwhile, the 16, BCH have been moved to this address:. Prior to this development, Mt. Gox had unloaded approximately half a billion dollars worth of Bitcoin and Bitcoin Cash in the period between December and February Gox sold the cryptocurrencies in several big chunks; each time the exchange desk unloaded some of its reserves, the crypto market registered severe drops in price.
Gox proceeded to sell the funds at market rate, practically sending the entire market in the red. It is unclear what Mt. Gox plans to do with the funds, but we gox bitcoin news update you as soon as we notice any relevant activity. Published April 26, — April 26, — gox bitcoin news The 16, BTC have been transferred to the following address: Meanwhile, the 16, BCH have been moved to this address: This is the first time that Mt. Gox has moved any of its coins since February. Matt Odell ] Published April 26, — Neer Varshney April 26, —
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