
The Mt. Gox Effect: How a Defunct Crypto Exchange’s Recent Moves are Shaking Bitcoin Prices
Mt. Gox’s recent transfer of 11,833 bitcoins, valued over $930 million, has reignited market interest and volatility. The transaction consisted of two parts: 11,501 bitcoins moved to a new wallet, and 332 bitcoins to a hot wallet, with a negligible network fee