Mt. Gox, a defunct crypto exchange, has moved $49.3 million worth of Bitcoin (BTC) into various wallets. This is the second distribution the exchange has made this month. The move has raised concerns among experts who speculate that a similar price decline to the previous distribution, which resulted in a 10% drop and $1.18 billion in crypto liquidation, could occur. The overall market sentiment is struggling, with Bitcoin trading near $95,770 and experiencing a 1.35% decline in the past 24 hours. BTC is currently at a crucial support level of $92,000, and if it fails to hold this level, it could drop to $84,000. The Relative Strength Index (RSI) suggests potential upside momentum.



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