Mt. Gox, which started Bitcoin distributions at the beginning of July. Gox made a test transaction that will be the harbinger of another big transfer. From the exchange’s account, 0.021 BTC was sent to an unknown address. (Arkham later stated that this address belongs to the Bitstamp exchange) Mt. Gox had previously made trial transfers of small amounts before large transfers of thousands of BTC.
Mt., which made shipments to BitBank and SBI VC Trade exchanges in the past weeks. Gox bankruptcy management made its first distribution to the Kraken exchange last week. The Kraken exchange confirmed the distributions with e-mails sent to its customers.
The Kraken exchange announced that although it has a 90-day period, it will start distributions to its creditor customers within 7 to 14 days.
Decline in Bitcoin…
On the other hand, Mt. Gox’s trial transfer also brought a drop in Bitcoin price. The largest cryptocurrency, which was around $67,800 before the transfer, fell around $500-600.
Mt. Gox’s holdings of approximately 142 thousand Bitcoins decreased to 90 thousand after the distributions made.