Mt. Gox's Remarkable Transfer!

Bankrupt cryptocurrency exchange Mt. Gox attracted attention with a low-amount Bitcoin transfer . According to Arkham's data, Mt. Gox addresses transferred 0.021 BTC worth about $1,400 to a new wallet on July 22. This wallet belonged to a cryptocurrency exchange. Experts suggested that this small transfer could be preparation for a larger transfer.

Although previous transfers did not cause major market declines, there were minor pullbacks in Bitcoin and Bitcoin Cash. Analysts said Mt. Gox's selling pressure has largely been priced in. Bitstamp is a cryptocurrency exchange that receives payments from Mt. Gox to investors as soon as possible.