Mt. Gox Shuffles $2.4B Bitcoin Between Wallets as BTC Hovers Near $82K: Arkham
Summary
Mt. Gox moved $2.4 billion in bitcoin to two wallets, with over 30,000 BTC transferred to a new wallet and $200 million to a cold wallet. The largest cryptocurrency recently surpassed $81,000. These transfers typically precede sales on crypto exchanges. Mt. Gox, once handling over 70% of bitcoin transactions, suffered a major hack in 2014, losing 740,000 BTC. Trustees have a repayment plan deadline set for October 31, 2025.
