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Market Crash Ahead? Mt. Gox Moves $49.3 Million in Bitcoin

  • The defunct crypto exchange Mt. Gox has moved $49.3 million worth of Bitcoin (BTC).
  • The BTC was distributed into various wallets, with $19 million allocated to two new wallets and $30.6 million transferred to the final wallet 1Mvm.
  • This is the second distribution Mt. Gox has made in December 2024.
  • Experts are speculating a possible price decline similar to the previous one after Mt. Gox's previous movement of $102.5 million worth of BTC.

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