Mt. Gox: Deposits 116.3 BTC Into Bitstamp

Mt. Gox wallets sent 116.3 BTC worth $8.16M straight to Bitstamp on June 4 2026.

Price sits at $62475.57 inside the Bollinger Bands with lower support at $62244.81. The 4-hour structure remains bearish as price trades below both EMA50 at $71167.81 and EMA200 at $75292.95 while MACD prints a death cross at -2409.34. RSI at 14.88 signals deep oversold conditions that often precede short-term bounces toward the $62244 level before any relief rally. Traders tracking BTC price prediction models now watch whether this fresh supply from Mt. Gox accelerates the move toward the lower band or triggers a relief bounce off oversold momentum.