Mt Gox commented on the transfer of over 100,000 BTC
Clarifying that these movements are part of preparations for upcoming payments, which have not yet been processed in cryptocurrencies. To recap, fiat payments began in December 2023.
The deadline for BTC and BCH payouts is October 31, 2024. Although the payments themselves have yet to commence, the approaching deadline suggests they are likely to start soon.
So everything move by Timing! After Usa election, would be good to see some dump around November-December! They even planned mt gox deadlines for this cycle scenario. I dont think exactly 1st November we will see some sales. Results usa elections will be 5 November 2024. So no matter who will win, in a next days they can dump btc and sell their bags which they accumulate during 2022-2024 and tell us "Oh its because of MtGox"... $BTC #BTC☀️