CoinOtag
2025-11-18 08:14:30

Mt. Gox Moves $936M in Bitcoin, Potentially Adding Pressure as BTC Dips Below $90K

Mt. Gox’s recent transfer of $936 million in Bitcoin has heightened market uncertainty, contributing to Bitcoin’s drop below $90,000 amid long-term holder sales and ETF outflows. This signals preparations for extended creditor repayments, delayed until October 2026 due to technical challenges. Mt. Gox transferred 10,423 BTC worth $936 million after eight months of inactivity, positioning

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