The notoriously bankrupt crypto exchange has made another bitcoin transaction for a record $ 2.5 billion

Today, July 31, the cryptocurrency exchange Mt. Gox, which collapsed in 2014, transferred another $ 2.5 billion in bitcoins BTC $97,571.00 Bitcoin 3.83% Market capitalization $1.93 trillion VOL. 24 hours $6.22 billion . This is evidenced by Arkham Intelligence analytics. According to the data, 59,000 of the recovered 142,000 bitcoins were distributed among creditors through the cryptocurrency exchanges Kraken and Bitstamp.

Fresh analytics from Glassnode informs that these distributions already exceed the scale of investment fund (ETF) flows, issuance to miners, and sales by the German government.

After the last Mt. Gox’s latest transaction, the price of the market’s flagship fell by 1.13%, dropping below $ 65,656. Many creditors, however, decided to keep their bitcoins, and this reduced the pressure on sales.

The process of debt repayment involves the distribution of more than $ 9.4 billion in bitcoin and Bitcoin Cash to approximately 127,000 creditors. The refunds are being made after a decade of legal processes and attempts to recover lost assets.