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MT GOX started transferring $1 billion worth of BTC
Odaily Planet Daily News According to Arkham data, the once world’s largest BTC exchange MT GOX has started to transfer about $1 billion worth of BTC assets. This move has attracted high attention in the cryptocurrency market, which may have a significant impact on the price of BTC. MT GOX went bankrupt in 2014 due to a hacker attack, losing about 850,000 BTC at the time. After a long process of compensating creditors, the exchange is now starting to return funds to users. The movement of this huge amount of BTC may cause market fluctuations, as some long-term creditors may choose to sell the BTC they receive.