MtGox started the week with a transfer: Are new distributions on the way?
MtGox, which sent more than 40 thousand Bitcoins to various exchanges in the past weeks, started Monday quickly. The stock market made a trial transfer in a way that can be considered a harbinger of major transfers.
MtGox, which started Bitcoin distributions in early July, made a trial transaction to be more a harbinger of a major transfer. From the exchange's account, 0.021 BTC was sent to an unknown address. (It was later stated by Arkham that this address belonged to the Bitstamp exchange) MtGox had previously made trial transfers of small amounts before major transfers of thousands of BTC.
MtGox bankruptcy management, which made shipments to BitBank and SBI VC Trade exchanges in the past weeks, made its first distribution to the Kraken stock exchange last week. Kraken exchange confirmed the distributions with the e-mails they sent to their customers.
The Kraken exchange had announced that it would start distributing to its creditors within 7 to 14 days, despite having a 90-day period.
The decline in Bitcoin...
On the other hand, MtGox's trial transfer also brought a decrease in the price of Bitcoin. The largest cryptocurrency, which was around $67,800 before the transfer, experienced a drop of around $500-600.
Approximately 142 thousand Bitcoins in MtGox's hands fell to 90 thousand units after the distributions.
