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Mt. Gox moved 2,324 BTC to an unknown wallet

7:10 pm, December 12, 2024

A wallet associated with the bankrupt cryptocurrency exchange Mt. Gox, has transferred 2,324 bitcoins BTC $104,747.58 Bitcoin -2.12% Market capitalization $2.07 trillion VOL. 24 hours $3.7 billion worth $ 234 million to an unknown wallet. This transfer took place against the backdrop of a rising bitcoin price that surpassed the $ 100,000 mark. This was triggered by expectations of a Federal Reserve rate cut following the latest inflation report.

The transfer reportedly comes after 2,623 bitcoins worth about $ 255 million were transferred from the same wallet on Wednesday to two addresses, of which about $ 10 million went to B2C2.

Photo: intel.arkm.com

The rest of the funds were transferred to other addresses before reaching the wallet beginning with «14jvfU».

Photo: intel.arkm.com

It is worth adding that Mt. Gox has already made similar transfers this month: on December 5, $ 2.4 billion worth of bitcoins were transferred to an unknown wallet, and the next day, more than $ 350 million. After these transactions, the Mt. Gox wallet holds about 36,000 BTC worth $ 3.6 billion. Although the purpose of these transfers remains unclear, historical data suggests that such movements often precede payments to creditors via centralized exchanges such as Bitstamp and Kraken.

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