đ¨BREAKINGđ¨
đCollapsed cryptocurrency exchange Mt. Gox recently transferred $9.6 billion worth of #Bitcoin, marking its first significant on-chain movement in five years.
đ´This move into a new wallet consolidates 141,686 $BTC and raises hopes among creditors for repayment by the end of October 2024.
đThe transfer aligns with Mt. Gox's plans to resolve outstanding debts to around 127,000 creditors, pending since the platform's collapse in 2014 due to multiple hacks.
â ď¸This development slightly impacted Bitcoin prices, indicating market sensitivity to the potential creditor repayments.
