source avatarMerlijn The Trader

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THE GHOST OF MT. GOX SHOWED UP AT THE WORST POSSIBLE TIME. BUT READ THE CHAIN BEFORE YOU PANIC. 🇺🇸 The defunct exchange moved 10,422 BTC on June 2, its largest transfer in months, into an already bleeding market. But the coins went to a new, unmarked wallet. Not an exchange. Not a custodian. No sale. This is the Mt. Gox overhang doing what it always does: moving coins around the repayment process and scaring a nervous market. The fear is real. The selling, so far, is not. Know the difference before you trade the headline.

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