Mt. Gox Moves $8.16M in Bitcoin to Bitstamp Amid Market Weakness

Mt. Gox, formerly the world’s largest Bitcoin exchange, has transferred 116.3 BTC worth about $8.16 million to wallets associated with Bitstamp.

The move comes as Bitcoin remains under pressure, sliding more than 13% over the past week to around $63,503. During the same session, it briefly dropped to an intraday low of $61,383 before recovering part of those losses.

Source: Lookonchain