⚠️ Mt. Gox moved 116.3 BTC ($𝟴.𝟮𝟱𝗠) from cold storage to a hot wallet, followed by a test transfer to Bitstamp — the full deposit is expected to follow. The trustee still holds 34,500 BTC (~$2.39B) in remaining reserves. This cold-to-hot pattern has historically preceded exchange deposits and sell-side pressure. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: While $8.25M is small relative to the total reserve, it signals the trustee is continuing distribution operations. For traders, this adds incremental supply overhang to an already fragile market. Watch for the full Bitstamp deposit confirmation — any acceleration in transfer pace would increase near-term sell pressure. --source: https://x.com/EmberCN/status/2061745732881957025 Track on Arkham: https://intel.arkm.com/explorer/entity/mt-gox Track real-time signals & trade → https://hupzy.com/trending(Hupzy (Spot On Chain))