*~*Reddit Repost*~* BTC Was Transferred From Mt Gox Trustee Cold Storage To Exchanges On The BTC/USD Chart (Total 40,000 BTC).

in bitcoin •  7 years ago 

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Source:
2017-12-18 2,000 BTC
2017-12-22 6,000 BTC
2018-01-17 8,000 BTC
2018-01-31 6,000 BTC
2018-02-05 6,000 BTC
2018-02-05 6,000 BTC
2018-02-05 6,000 BTC

Interesting Fact: MtGox owed creditors 41.5 billion JPY ($391 million, source) and the total value of the sold BTC is 43 billion JPY ($405 million). This leads me to think they have sold enough BTC to pay off the debt to creditors and won't be selling any more BTC any time soon (They didn't sell anything for over a month).

Reddit Post: Check Out The Post


Shout-out to the Crypto Coin Trader Facebook Page



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Thank you for this information.
Didn't know about this yet!

it all makes sense since yesterday of why the market is BEAR at the moment