Mt. Gox Trustee moving 16,000 BTC and fear returns
So, if you've been following cryptoground.com/mtgox-cold-wallet-monitor/ you've probably seen that about 16,000 BTC has been moved out of the Mt Gox Trustee cold storage today.
I'm not sure if the recent price dump was somehow in anticipation (early / inside info) to this, or if the trustee decided to move the coins after the dump because of fear the price could fall lower. Regardless, it's not clear what is happening with the approx 142m USD worth of BTC right now, we'll have to see.
I'm not sure if the recent price dump was somehow in anticipation (early / inside info) to this, or if the trustee decided to move the coins after the dump because of fear the price could fall lower. Regardless, it's not clear what is happening with the approx 142m USD worth of BTC right now, we'll have to see.
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