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On the morning of June 5, quotes of the first cryptocurrency fell below $54,000 amid reports of movements of Mt coins. Gox. At the time of writing, the price, after a slight rebound, is trying to maintain this level. The trustee of the exchange, which went bankrupt in 2014, Nobuyaki Kobayashi announced plans to implement a phased refund of 137,000 BTC to platform customers in July. At the beginning of the trading session, Japanese time, Arkham experts noted the transfer of 47,228.7 BTC (~$2.71 billion) from the exchange’s cold storage to a new address. During the day, Arkham noted the transfer of 1,545 BTC (~$84.9 million) from one of Arkham’s cold wallets to the Bitbank exchange. Despite the fact that the entire volume of bitcoins moved by Mt. Gox represents approximately 0.24% of the total supply of the coin, the market reacted nervously.
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