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Mt. Gox approaching deadline could cause further pain for BTC

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Mt. Gox approaching deadline could cause further pain for BTC

Mt. Gox - On June 2, the defunct exchange transferred 10,422 BTC, valued at roughly $739 million, to new wallets.

With creditor repayments scheduled before the October 2026 deadline, large wallet movements continue to fuel speculation about potential future selling activity.

Mt. Gox still holds roughly 34,504 BTC valued at $2.43 billion.

Potentially going to be liquidated in the coming months..

submitted by /u/netoctave
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