CryptoQuant CEO: Mt. Gox moved 47,000 BTC, but it will not affect the price

ChainCatcher news, CryptoQuant CEO Ki Young Ju stated that Mt. Gox transferred 47K bitcoins, but this will not affect the price. Three possible scenarios: internal transfer, over-the-counter trading, using brokerage services.

Additionally, 1.5K bitcoins flowed to Bitbank, but there was no significant change in trading volume. It is necessary to monitor whether Bitbank acts as a broker. If it is the third scenario, 94K bitcoins could be available for seller liquidity, but a large-scale sale is unlikely. If it is over-the-counter trading, there are no issues.