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Bitcoin price sheds 3.3% as $6B leaves Mt. Gox cold wallet

Mt. Gox appears to be shifting funds from cold storage in preparation for distribution to creditors, with nearly 100,000 BTC in outflows on July 16.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin price sheds 3.3% as $6B leaves Mt. Gox cold wallet

Mt. Gox appears to be shifting funds from cold storage in preparation for distribution to creditors, with nearly 100,000 BTC in outflows on July 16.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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