Mt. Gox transfers $700M in Bitcoin, causing significant price increase, reason unclear.

From Cointelegraph

August 20, 2024 11:58:09 pm:

Bitcoin experienced its most significant price increase since July 30, with Galaxy’s head of research stating that he doesn’t believe it’s for distribution. No further details on the cause of the price spike were provided in the news article.

Read more at Cointelegraph: Mt. Gox shifts out $700M in Bitcoin, first major move in 3 weeks