Bitcoin falls below $60K as 13,265 BTC moves from Mt Gox

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Bitcoin prices have sunk again as the defunct Mt. Gox exchange begins moving assets, potentially sparking another sell-off.

The bankrupt Mt. Gox Bitcoin exchange transferred 13,265 BTC worth around $784 million on Aug. 21, according to Arkham Intelligence.

12,000 BTC were then directed to a new address, while the remaining 1,265 went into a cold wallet associated with Mt. Gox. It is the first major movement of BTC by the exchange trustee in three weeks.


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