Mt. Gox Moves Bitcoin To Bitstamp As BTC Crashes To $61K

As Bitcoin tumbled to roughly $61,400, the long-dormant Mt. Gox wallet stirred to life and shipped coins to Bitstamp, prompting the crypto crowd's favorite hobby: doomscrolling. Creditors and market watchers alike braced for an incoming sell-off, because nothing says "trust the process" like a ghost from Bitcoin's 2014 past resurfacing mid-crash. FUD spread faster than the transactions themselves, with traders watching the inflows like hawks watching a particularly vulnerable field mouse. For now, the market holds its breath and waits to see whether these coins are simply being shuffled or staged for a very unwelcome encore.