Sounds like FUD to me. Why didn't they give the addresses so we could see for ourselves? 7k bitcoins isnt that much compared to the total supply of BTC, so the good news is that it shouldn't tank the price. Bitcoin is pseudonymous, right? If the addresses are not linked to mtgox, it could be practically anyone.

No source, no evidence, no names. Obviously just another FUD news article. And now we know Coingape can't be trusted with reliable news in future.

Just going to add some keywords here for google to pick up. Coingape, fake news, FUD, deception, propaganda

Hey, the main focus is not whether it is a FUD or NOT but that as the prices of btc keeps dipping some exchanges will try to sell their shit and it will affect the market badly as it did last time. At least such news will discourage exchanges trying to sell off. So cool down and try to understand the situation guys.

If this guy will sell bitcoin on this price probably it will go down to 3,000 to 5,000. But something's fishy going around i think he wants to scare people so that newbie will sell their bitcoin to get panic.

First:
https://www.cryptoground.com/mtgox-cold-wallet-monitor/
None of the addresses that are currently holding MtGox funds have moved a single satoshi.

Second:
Exactly the same is stated in the article:


So we can draw a conclusion.
Piece of crap article and piece of crap source.

Third:
Checking your profile:
https://bitcointalk.org/index.php?action=profile;u=1942953;sa=showPosts
Seems that you own this piece of *** website and you spam it on this forum to get hits with clickbait titles.

Conclusion:
STOP!

Given the people who sell thousands of bitcoins it can affect the price of the bitcoin decrease, and he's so wonderful that he has thousands of bitcoins and that he could be a whale.

OMG, this would create a massive sell walls. This would encourage others to dump their BTC. MTGOX is the number one Bitcoin traitor.

check the link:

https://twitter.com/makingmoneynow1/status/978637246084538374?ref_src=twsrc%5Etfw

if it is true that the BTC number goes to the exchange address then I think the bitcoin price drop will continue. 7000 BTC is not a small amount and when it goes into exchange it will have little effect on bitcoin price movement.