Mt. Gox has resumed moving Bitcoin, sending $75.36 million worth to Bitstamp.

Aug 22, 2024 Aug 22, 2024

In recent hours, Mt. Gox moved 13,265 BTC ($784.20 million) to an unknown wallet, and 1,265 BTC to Bitstamp

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Bitcoin has dropped below $60,000, trading at $59,317, a 2.4% decline in the past 24 hours.

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Alex Thorn predicts minimal BTC selling, with most funds going to cold storage.

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Fear & Greed Index is at 26, showing high anxiety as BTC drops and $13.03 million in liquidations occur.

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