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Mt. Gox Creditors Begin Withdrawing Owed Bitcoin And BCH Funds Via Kraken Newsbtc 23 Jul 2024

Mt. Gox Creditors Begin Withdrawing Owed Bitcoin And BCH Funds Via Kraken 📉

Mt. Gox CryptoQuant Bitstamp Kraken Bitcoin
After a decade-long wait, Mt. Gox creditors have started receiving their Bitcoin (BTC) and Bitcoin Cash (BCH) via Kraken and Bitstamp. This transfer, involving $2.85 billion worth of BTC, led to a near 4% drop in Bitcoin's price. On-chain data revealed $340.1 million was moved to four Bitstamp addresses, but some users are yet to receive their funds. CryptoQuant and analysts emphasize the importance of key support levels, observing patterns that might lead to a Bitcoin rebound despite recent volatility.

Source: www.newsbtc.com ↗

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