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Reading: Bitcoin price is increased shock! Sledgehammer of the market swung by carrying $ 1 billion
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EdaFace Newsfeed > Latest News > Bitcoin and BTC > Bitcoin price is increased shock! Sledgehammer of the market swung by carrying $ 1 billion
Bitcoin and BTC

Bitcoin price is increased shock! Sledgehammer of the market swung by carrying $ 1 billion

vitalclick
Last updated: March 25, 2025 4:08 am
2 hours ago
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Bitcoin $87,835.52 While the price is increased, the Japan -based and bankrupt crypto currency exchange Mt. Goxthe value of approximately 1.01 billion dollars of 11 thousand 501 BTC’yi transferred. According to the data shared by Blockchain analysis Arkham Intelligence, most of the Bitcoins (10 thousand 608 BTC) were transferred to an unknown wallet, while the remaining 893 BTC moved to the hot wallet of the stock market. BTCs in both wallets are not yet spent. Mt. This giant transfer made by Gox is in the market Bitcoin It has re -raised the expectation of a creditor payment that could create sales pressure on the price. However, it is not yet clear whether the transfers are for creditor payments.

Mt. Why are Gox’s wallet addresses tracked?Mt. Payment process for gox and creditors

Mt. Why are Gox’s wallet addresses tracked?

Arkham IntelligenceAccording to the data shared, the Bitcoin transfers took place at TSI 03:21. About 927.5 million dollars worth of 10 thousand 608 BTCs were previously unaulted and sent to an address known as “1DCOA… AWXFE .. The remaining 893 BTC is Mt. Gox was transferred to the hot wallet used by active commercial activities.

Mt. Gox Bitcoin transfer

Transferred BitcoinThe source of the ‘s is Mt. “1pazv… R9pyj” used by Gox was the address. This wallet received 11 thousand 502 BTCs from another stock market wallet last week. However, during the last week’s transaction, the wallet was Mt. It was not marked as a Gox. This also led to the suspicion that the wallet used in the last transfer may belong to the stock market.

Mt. Payment process for gox and creditors

Mt. Gox, about 142 thousand BTC ($ 11 billion), 143 thousand Bitcoin Cash in July 2024 $330.82 (47 million dollars) and 69 billion Japanese new (469 million dollars) were distributed to creditors. Some creditors Crake And Bitstamp Although they received their payments over their stock exchanges, the general payment process was postponed to 31 October 2025.



According to the data offered by Arkham Intelligence, Mt. Gox’s latest status of 35 thousand 583 BTCs (worth $ 3.1 billion) has not changed since March 12th. This leads to uncertainty about the new payments that the stock market can make in the future. The potential new payments to the creditors are closely monitored by investors as they can create sales pressure in the market.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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