Bitcoin Loses $70K While 10,300 BTC Leave Mt. Gox-Linked Addresses – Details

Bitcoin Loses $70K While 10,300 BTC Leave Mt. Gox-Linked Addresses – Details

Bitcoin has lost the $69,000 level as selling pressure intensifies and the market faces a wave of uncertainty that has erased weeks of recovery progress in a compressed timeframe. The breakdown is significant — and CryptoQuant data has identified a development in the on-chain flow data that adds a specific and historically significant supply dimension to the current weakness. Related Reading: HYPE Reaches New All-Time Highs Above $70 – A Legendary Trade Turns Green On June 2, Mt. Gox-linked wallets recorded a sharp negative balance change with 10,300 BTC leaving the tracked address cluster....


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