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šØ MARKET ALERT: The Mt. Gox Bitcoin Movement Has Begun šØ
The moment many have fearedāand others have waited a decade forāis finally here.Ā Mt. Gox has started moving BTC.
What's happening?
ā¢ The defunct exchangeās trustee is preparing to distributeĀ ~142,000 BTC ($9.7B+)Ā to creditors by October 31.
ā¢ This week, initial transfers to exchanges and preparatory movements have been confirmed.
Why it matters:
This is the single largest overhang on Bitcoinās supply. While many creditors are long-term holders, the market is bracing for potential selling pressure as some choose to liquidate after 10 long years.
The big question:
Will this distribution create a prolonged dip, or will the market absorb it and move on? History suggests that after major supply unlocks, Bitcoin has often continued its long-term trendābut volatility is almost guaranteed.
Stay sharp, watch the on-chain data, and keep perspective.Ā This is a closure of cryptoās oldest wound.
šĀ Whatās your take? Buy the dip or brace for impact?
#Bitcoin #BTC #MtGox #CryptoNews #Blockchain
The moment many have fearedāand others have waited a decade forāis finally here.Ā Mt. Gox has started moving BTC.
What's happening?
ā¢ The defunct exchangeās trustee is preparing to distributeĀ ~142,000 BTC ($9.7B+)Ā to creditors by October 31.
ā¢ This week, initial transfers to exchanges and preparatory movements have been confirmed.
Why it matters:
This is the single largest overhang on Bitcoinās supply. While many creditors are long-term holders, the market is bracing for potential selling pressure as some choose to liquidate after 10 long years.
The big question:
Will this distribution create a prolonged dip, or will the market absorb it and move on? History suggests that after major supply unlocks, Bitcoin has often continued its long-term trendābut volatility is almost guaranteed.
Stay sharp, watch the on-chain data, and keep perspective.Ā This is a closure of cryptoās oldest wound.
šĀ Whatās your take? Buy the dip or brace for impact?
#Bitcoin #BTC #MtGox #CryptoNews #Blockchain
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Bitcoin in "Irrational Discount" Zone
K33 Declares the 36% Drop as a Generational Buying Opportunity
In a report that challenges the current panic, K33 Research has thrown a lifeline to investors: the 36% plunge from its highs of #bitcoin is not the end of the cycle, but an "excess driven by sentiment". According to the firm, we are facing a market distortion that has divorced price from fundamentals, creating an entry point that long-term investors rarely see.
The 3 Critical Data Points from the Report:
ā ļø The Alarm of #NASDAQ (Negative Decoupling):
Vetle Lunde, research director at K33, has identified a concerning relative weakness: #BTC has performed worse than Nasdaq in 70% of the sessions last month.
BTC is now 30% weaker relative to the tech index than it was at the beginning of October.
It has completely erased the relative strength gained after the U.S. elections, falling to levels comparable to the lows of 2021 and early 2024.
š "Weak Beta" Pattern:
Unlike other crisis periods (such as the sales from Germany/ #MtGox or the collapse of #Grayscale ) where correlation decreased, this time the correlation with stocks has increased, but in the worst possible way: Bitcoin mirrors stock market drops with greater aggression and rebounds with much less strength, indicating persistent selling pressure and risk aversion.
š¦ The Fundamental Divergence (The Buy Signal):
Despite the price action, the market structure is "materially different" from previous cycles. K33 argues that the entry of top-tier banks (enabled by the Clarity Act) and upcoming political catalysts make the current price an anomaly.
"We believe that the current relative price of BTC... represents a significant disconnection from fundamentals and is a solid buy at current prices".
$BTC
K33 Declares the 36% Drop as a Generational Buying Opportunity
In a report that challenges the current panic, K33 Research has thrown a lifeline to investors: the 36% plunge from its highs of #bitcoin is not the end of the cycle, but an "excess driven by sentiment". According to the firm, we are facing a market distortion that has divorced price from fundamentals, creating an entry point that long-term investors rarely see.
The 3 Critical Data Points from the Report:
ā ļø The Alarm of #NASDAQ (Negative Decoupling):
Vetle Lunde, research director at K33, has identified a concerning relative weakness: #BTC has performed worse than Nasdaq in 70% of the sessions last month.
BTC is now 30% weaker relative to the tech index than it was at the beginning of October.
It has completely erased the relative strength gained after the U.S. elections, falling to levels comparable to the lows of 2021 and early 2024.
š "Weak Beta" Pattern:
Unlike other crisis periods (such as the sales from Germany/ #MtGox or the collapse of #Grayscale ) where correlation decreased, this time the correlation with stocks has increased, but in the worst possible way: Bitcoin mirrors stock market drops with greater aggression and rebounds with much less strength, indicating persistent selling pressure and risk aversion.
š¦ The Fundamental Divergence (The Buy Signal):
Despite the price action, the market structure is "materially different" from previous cycles. K33 argues that the entry of top-tier banks (enabled by the Clarity Act) and upcoming political catalysts make the current price an anomaly.
"We believe that the current relative price of BTC... represents a significant disconnection from fundamentals and is a solid buy at current prices".
$BTC
š Following an 8-month period of inactivity, the Mt. Gox wallet has recently moved 10,423 #BTC, valued at $936 million, to a new wallet. #MtGox
$BTC
$ETH
$BTC
$ETH
Coin XLM
position long ššš
buying range = 0.1089
stop loss = 0.1059
Target šÆ = 0.112
#writetoearn
#bb
#MtGox
position long ššš
buying range = 0.1089
stop loss = 0.1059
Target šÆ = 0.112
#writetoearn
#bb
#MtGox
Mt. Gox's Cryptic Move š§: A Potential Market Trigger?
* Mt. Gox's Mysterious Transfer š°: The defunct cryptocurrency exchange, Mt. Gox, recently moved 24,051 BTC (worth nearly $2.5 billion) to an unknown address.
* Timing of the Transfer ā°: This significant transaction occurred shortly after Bitcoin reached a new all-time high of $104,000.
* Unknown Destination šŗļø: The receiving address, starting with "1N7j," had no prior activity, adding to the intrigue.
* Potential Reason for the Transfer š¤: Analysts speculate that this move might signal preparations for distributing payouts to creditors, a common practice before fund releases.
* Mt. Gox's Infamous Hack šØ: In 2014, Mt. Gox suffered a massive hack, losing approximately 850,000 BTC, which at the time was worth around $460 million.
* Market Impact š: The potential influx of Bitcoin into the market from creditor payouts could exert downward pressure on the cryptocurrency's price.
* Market Sentiment š: Some analysts believe that the market has already accounted for this potential downward pressure, as the payouts have been anticipated for a considerable time.
* Creditor Preferences š³ļø: A Reddit poll suggests that many creditors may choose to hold onto their Bitcoin rather than immediately selling it.
* Delayed Payouts ā³: Many creditors have yet to receive their repayments due to incomplete procedures.
* Uncertain Market Outlook š®: The overall impact of Mt. Gox's transfer on the Bitcoin market remains uncertain.
* Watching the Market Closely š: Investors and traders are advised to monitor market developments closely to gauge the potential effects of these events.
* Awaiting Further Clarity š: As more information becomes available, a clearer picture of the situation and its implications for the cryptocurrency market will emerge.
#MtGox
* Mt. Gox's Mysterious Transfer š°: The defunct cryptocurrency exchange, Mt. Gox, recently moved 24,051 BTC (worth nearly $2.5 billion) to an unknown address.
* Timing of the Transfer ā°: This significant transaction occurred shortly after Bitcoin reached a new all-time high of $104,000.
* Unknown Destination šŗļø: The receiving address, starting with "1N7j," had no prior activity, adding to the intrigue.
* Potential Reason for the Transfer š¤: Analysts speculate that this move might signal preparations for distributing payouts to creditors, a common practice before fund releases.
* Mt. Gox's Infamous Hack šØ: In 2014, Mt. Gox suffered a massive hack, losing approximately 850,000 BTC, which at the time was worth around $460 million.
* Market Impact š: The potential influx of Bitcoin into the market from creditor payouts could exert downward pressure on the cryptocurrency's price.
* Market Sentiment š: Some analysts believe that the market has already accounted for this potential downward pressure, as the payouts have been anticipated for a considerable time.
* Creditor Preferences š³ļø: A Reddit poll suggests that many creditors may choose to hold onto their Bitcoin rather than immediately selling it.
* Delayed Payouts ā³: Many creditors have yet to receive their repayments due to incomplete procedures.
* Uncertain Market Outlook š®: The overall impact of Mt. Gox's transfer on the Bitcoin market remains uncertain.
* Watching the Market Closely š: Investors and traders are advised to monitor market developments closely to gauge the potential effects of these events.
* Awaiting Further Clarity š: As more information becomes available, a clearer picture of the situation and its implications for the cryptocurrency market will emerge.
#MtGox
Mt. Gox Payouts Are Finally Happening ā What You Need to Know
After **ten long years** of waiting, legal drama, and endless delays, the Mt. Gox nightmare is finally coming to an end.
Remember when the biggest Bitcoin exchange justā¦ vanished in 2014, taking **850,000 BTC** with it?
Yeah, that mess. Well, creditors (the people who lost money) are about to get some of it back. Finally.
### **Soā¦ Whatās Actually Happening?**
The folks handling the Mt. Gox bankruptcy (shoutout to trustee Nobuaki Kobayashi) have started moving money. Some creditors have already gotten **test payments**, which means the real deal is right around the corner.
Hereās the breakdown:
- **~142,000 BTC** (worth **billions** today)
- **~143,000 BCH** (Bitcoin Cash)
- **~$500 million in cold, hard yen**
If youāre one of the lucky (or unlucky, depending on how you see it) creditors, youāll get paid in **BTC, BCH, or cash**āyour choice.
### **Why Should You Care?**
1. **This Is Huge for the OG Bitcoiners**
People have been waiting **a decade** for this. Some gave up hope. Some sold their claims for pennies years ago.
Now, the ones who held on are about to get a life-changing payout (assuming they didnāt lose their private keys).
2. **Will Bitcoin Crash?**
A lot of folks are worried that if thousands of BTC hit the market at once, prices could tank.
But honestly? Most of these creditors are probably **HODLers** whoāve waited this longāwhy sell now?
3. **Closure (Finally)**
This whole saga has been a black cloud over crypto. Seeing people finally get their money back is a win, even if itās late.
### **Whatās Next?**
Payments are **starting soon**, but who knows how long itāll take to get to everyone. If youāre owed money, keep an eye on your email and the **Mt. Gox rehab site** for updates.
### **Final Thought**
This is one of those āend of an eraā moments. For the victims, itās justice (sort of). For the crypto world, itās a reminder of how far weāve comeāand how wild the early days really were.
**What would YOU do if you suddenly got a mountain of 2014 Bitcoin? Sell? HODL? Retire to a private island?**
#Bitcoin #BTC #MtGox #HODL $BTC
Remember when the biggest Bitcoin exchange justā¦ vanished in 2014, taking **850,000 BTC** with it?
Yeah, that mess. Well, creditors (the people who lost money) are about to get some of it back. Finally.
### **Soā¦ Whatās Actually Happening?**
The folks handling the Mt. Gox bankruptcy (shoutout to trustee Nobuaki Kobayashi) have started moving money. Some creditors have already gotten **test payments**, which means the real deal is right around the corner.
Hereās the breakdown:
- **~142,000 BTC** (worth **billions** today)
- **~143,000 BCH** (Bitcoin Cash)
- **~$500 million in cold, hard yen**
If youāre one of the lucky (or unlucky, depending on how you see it) creditors, youāll get paid in **BTC, BCH, or cash**āyour choice.
### **Why Should You Care?**
1. **This Is Huge for the OG Bitcoiners**
People have been waiting **a decade** for this. Some gave up hope. Some sold their claims for pennies years ago.
Now, the ones who held on are about to get a life-changing payout (assuming they didnāt lose their private keys).
2. **Will Bitcoin Crash?**
A lot of folks are worried that if thousands of BTC hit the market at once, prices could tank.
But honestly? Most of these creditors are probably **HODLers** whoāve waited this longāwhy sell now?
3. **Closure (Finally)**
This whole saga has been a black cloud over crypto. Seeing people finally get their money back is a win, even if itās late.
### **Whatās Next?**
Payments are **starting soon**, but who knows how long itāll take to get to everyone. If youāre owed money, keep an eye on your email and the **Mt. Gox rehab site** for updates.
### **Final Thought**
This is one of those āend of an eraā moments. For the victims, itās justice (sort of). For the crypto world, itās a reminder of how far weāve comeāand how wild the early days really were.
**What would YOU do if you suddenly got a mountain of 2014 Bitcoin? Sell? HODL? Retire to a private island?**
#Bitcoin #BTC #MtGox #HODL $BTC
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The Mentougou incident is a small mountain weighing on BTC. Although it cannot cause a big storm, it is mentioned every year, and every time it is mentioned, it will cause a short-term decline in Bitcoin.
850,000 Bitcoins were stolen from the MTGox (Mentougou) exchange. Ten years have passed, and some of them have been recovered and some have been sold.
Today, 12,240 Bitcoins were transferred from the Mentougou address to a new address. Currently, 125,654 Bitcoins are held. As of the time of writing, the transfer is still continuing.
In addition, the sudden conflict between Israel and Egypt last night broke the upward channel of Bitcoin, and it fell by $2,000. $BTC #mtgox
850,000 Bitcoins were stolen from the MTGox (Mentougou) exchange. Ten years have passed, and some of them have been recovered and some have been sold.
Today, 12,240 Bitcoins were transferred from the Mentougou address to a new address. Currently, 125,654 Bitcoins are held. As of the time of writing, the transfer is still continuing.
In addition, the sudden conflict between Israel and Egypt last night broke the upward channel of Bitcoin, and it fell by $2,000. $BTC #mtgox
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šØATTENTIONšØattentionšØATTENTIONšØ
Today, the crypto community is on alert for the imminent release of 34 thousand Bitcoins belonging to the former exchange, Mt. Gox, which collapsed in 2014. This movement has generated concern about its possible impact on Bitcoin prices and market confidence.
In summary, the wallets of the infamous exchange Mt. Gox, inactive for 7 months, are starting to move with 34,000 bitcoin (3.8 billion USD) pending for reimbursement before October 31, investors are on alert.
šRisks
ā¢ Massive sell-offs, drop in Bitcoin price.
ā¢ Increased volatility in the market.
š§ Divided opinions
ā¢ Some fear negative short-term impact.
ā¢ Others see this as a historical cleansing that could strengthen the market in the long term.
š¤
Do you think this BTC will affect the price more in the short term or strengthen confidence in the long term? #binance #criptonews #bitcoin #MtGox #cryptoanalysis $BTC
Today's PNL
2025-10-19
+$0.03
+0.02%
MtGoxTransfers
Mt. Gox creditors have begun receiving long-awaited Bitcoin repayments, with 1.1K discussions tracking wallet movements. Over 140K BTC (worth ~$9B) are being redistributed, causing temporary market jitters. Binance data shows increased BTC volatility, though prices remain resilient at +2.77% this week. Experts advise caution as large transfers could impact liquidity.
#MtGox
#MtGox
šØšØ #MTGox šØ$BTC šØšØ
š„ LATEST: Mt. Gox Protester Auctions His Iconic Placard! šļøš°
š Key Details:
š·ļø Auction Platform: Scarce.City, a marketplace for rare crypto artifacts.
š° Reserve Price: 4.5 BTC (~$383,000).
ā³ Auction Duration: March 28 ā April 3, 2025.
š Background:
āļø 2014 Mt. Gox Protest: Kolin Burges traveled from London to Tokyo after Mt. Gox froze withdrawals.
š¢ His handwritten āWhere is our money?ā sign became a symbol of the crypto communityās fight for justice.
šø The protest went viral, highlighting one of cryptoās biggest scandals.
š Significance:
š A unique chance to own a piece of crypto history!
š„ Represents the early struggles of Bitcoin investors.
š Bid now & be part of history! (š Scarce.City)
š„ LATEST: Mt. Gox Protester Auctions His Iconic Placard! šļøš°
š Key Details:
š·ļø Auction Platform: Scarce.City, a marketplace for rare crypto artifacts.
š° Reserve Price: 4.5 BTC (~$383,000).
ā³ Auction Duration: March 28 ā April 3, 2025.
š Background:
āļø 2014 Mt. Gox Protest: Kolin Burges traveled from London to Tokyo after Mt. Gox froze withdrawals.
š¢ His handwritten āWhere is our money?ā sign became a symbol of the crypto communityās fight for justice.
šø The protest went viral, highlighting one of cryptoās biggest scandals.
š Significance:
š A unique chance to own a piece of crypto history!
š„ Represents the early struggles of Bitcoin investors.
š Bid now & be part of history! (š Scarce.City)
The Grand Heist of Mt. Gox
DID YOU KNOW: The largest Bitcoin exchange in its time, Mt. Gox, collapsed in 2014 after losing 850,000 #bitcoin š to a hack? š This catastrophic event, heavily debated on Reddit and other forums, sent shockwaves through the nascent crypto market, causing prices to plummet and leaving countless investors devastated.
š¢ It served as a painful, yet crucial, lesson in exchange security and the need for self-custody. š”ļø A true crypto cautionary tale!
The crypto equivalent of that friend who 'borrowed' your money and vanished. It was a tough lesson, but it certainly taught the early crypto adopters how to spell "cold storage" very, very quickly. We've come a long way, but the ghost of Gox still whispers, "Not your keys, not your cheese!"
#MtGox #ExchangeHack #BinanceSquare
$BTC
DID YOU KNOW: The largest Bitcoin exchange in its time, Mt. Gox, collapsed in 2014 after losing 850,000 #bitcoin š to a hack? š This catastrophic event, heavily debated on Reddit and other forums, sent shockwaves through the nascent crypto market, causing prices to plummet and leaving countless investors devastated.
š¢ It served as a painful, yet crucial, lesson in exchange security and the need for self-custody. š”ļø A true crypto cautionary tale!
The crypto equivalent of that friend who 'borrowed' your money and vanished. It was a tough lesson, but it certainly taught the early crypto adopters how to spell "cold storage" very, very quickly. We've come a long way, but the ghost of Gox still whispers, "Not your keys, not your cheese!"
#MtGox #ExchangeHack #BinanceSquare
$BTC
šØ MtGoxTransfers Alert! šØ
$BTC
The long-awaited Mt. Gox Bitcoin repayments might be on the move! With billions in BTC set to be distributed, the market is bracing for potential selling pressure.
š° Whatās Happening?
The defunct Mt. Gox exchange is preparing to return 140,000+ BTC to creditors, raising fears of a massive sell-off that could impact Bitcoinās price.
š Market Impact:
š» Increased BTC supply could lead to short-term volatility
ā” Some creditors might hold, while others could sell into strength
š Watch key support levels closely
š My Take:
The market will be watching every move from these transfers. A structured distribution plan could mitigate panic selling, but uncertainty remains. Stay sharp, traders! ā”
#Bitcoin #MtGox #BinanceTradeSmarter #USStocksPlunge #MtGoxTransfers
The long-awaited Mt. Gox Bitcoin repayments might be on the move! With billions in BTC set to be distributed, the market is bracing for potential selling pressure.
š° Whatās Happening?
The defunct Mt. Gox exchange is preparing to return 140,000+ BTC to creditors, raising fears of a massive sell-off that could impact Bitcoinās price.
š Market Impact:
š» Increased BTC supply could lead to short-term volatility
ā” Some creditors might hold, while others could sell into strength
š Watch key support levels closely
š My Take:
The market will be watching every move from these transfers. A structured distribution plan could mitigate panic selling, but uncertainty remains. Stay sharp, traders! ā”
#Bitcoin #MtGox #BinanceTradeSmarter #USStocksPlunge #MtGoxTransfers
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How to buy Bitcoin in the UAE / Saudi Arabia / Egypt / MENA region in a reliable way
It was Mt. Gox was the largest Bitcoin trading platform in the world, but it collapsed in 2014 after hundreds of thousands of Bitcoin were lost as a result of a hack. Since then, creditors have been anxiously waiting to get their money back.
A mistake like this could cost you huge losses and adds another factor to the risks that you must take into consideration. Every trader must be careful and carefully consider when choosing platforms or he may lose all his Bitcoin.
A mistake like this could cost you huge losses and adds another factor to the risks that you must take into consideration. Every trader must be careful and carefully consider when choosing platforms or he may lose all his Bitcoin.
#MtGoxTransfers MYSTERIOUSSSSSSSSSSSSSSā¼ļøš«” Mt. Gox Transfers ā A Silent Storm Brewingā
#MtGox has begun moving $BTC sending shockwaves through the crypto space. Will this trigger a hidden liquidity event, or is it a carefully managed release? The market watches in suspense as the next chapter of this decade-old saga unfolds.
#MtGox has begun moving $BTC sending shockwaves through the crypto space. Will this trigger a hidden liquidity event, or is it a carefully managed release? The market watches in suspense as the next chapter of this decade-old saga unfolds.
#MtGoxTransfers šØ Movement detected! #MtGoxTransfers are back in the spotlight as the long-defunct exchange starts shifting funds. With billions in Bitcoin set for distribution, will this shake the market? šš
Stay sharp, traders! ā ļø #Bitcoin #CryptoMarkets #MtGox
Stay sharp, traders! ā ļø #Bitcoin #CryptoMarkets #MtGox
$NOT ### Urgent: Last Call to Claim Your NOT Tokens by June 16!
**Breaking News from Foresight News**: Attention Notcoin users! The clock is tickingāmake sure to claim your NOT tokens by June 16. Hereās what you need to know:
1. **Claim Your NOT Tokens**: Users must withdraw their NOT tokens from the Notcoin bot to their personal wallets before the deadline.
2. **Withdraw Staked Tokens**: If you have staked NOT tokens, you can also withdraw them now.
3. **Special Staking Offer Ends**: The exclusive offer for staking has concluded.
4. **New Features Coming Soon**: Exciting updates ahead! The 'Levels' and 'Explore' features will soon be available to new users, enhancing your Notcoin experience.
### What Happens to Unclaimed NOT Tokens?
- **Future Development**: Unclaimed tokens will be allocated towards future development initiatives.
- **Token Destruction**: Remaining tokens will be destroyed to maintain token scarcity and value.
### Engage with Us!
#### Are You Ready for the New Features?
- Yes, can't wait!
- Still need to claim my tokens
- Curious about whatās next
Connect with fellow Notcoin enthusiasts and stay updated on the latest news on #Notcoinnews @Notcoin news #orocryptotrends @OroCryptoTrends #Megadrop #MtGox #EarnFreeCrypto2024
Donāt miss out on this crucial deadlineāensure your NOT tokens are claimed and stay tuned for exciting developments in the Notcoin ecosystem!
**Breaking News from Foresight News**: Attention Notcoin users! The clock is tickingāmake sure to claim your NOT tokens by June 16. Hereās what you need to know:
1. **Claim Your NOT Tokens**: Users must withdraw their NOT tokens from the Notcoin bot to their personal wallets before the deadline.
2. **Withdraw Staked Tokens**: If you have staked NOT tokens, you can also withdraw them now.
3. **Special Staking Offer Ends**: The exclusive offer for staking has concluded.
4. **New Features Coming Soon**: Exciting updates ahead! The 'Levels' and 'Explore' features will soon be available to new users, enhancing your Notcoin experience.
### What Happens to Unclaimed NOT Tokens?
- **Future Development**: Unclaimed tokens will be allocated towards future development initiatives.
- **Token Destruction**: Remaining tokens will be destroyed to maintain token scarcity and value.
### Engage with Us!
#### Are You Ready for the New Features?
- Yes, can't wait!
- Still need to claim my tokens
- Curious about whatās next
Connect with fellow Notcoin enthusiasts and stay updated on the latest news on #Notcoinnews @Notcoin news #orocryptotrends @OroCryptoTrends #Megadrop #MtGox #EarnFreeCrypto2024
Donāt miss out on this crucial deadlineāensure your NOT tokens are claimed and stay tuned for exciting developments in the Notcoin ecosystem!
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