Mt. Gox Moves $739M in Bitcoin as Repayment Deadline Looms

In brief

• Mt. Gox moved more than 10,000 BTC on Tuesday as Bitcoin traded below $70K.
• The defunct exchange still has about 35,000 BTC left to distribute, worth roughly $2.4B.
• ETF flows and macro pressure matter more for Bitcoin than Mt. Gox transfers, observers say.