Mt. Gox moves $953M Bitcoin after 8 months, sparking market worries
Mt. Gox just moved 10,608 BTC worth $953 million, its first big transfer in months, as $4 billion in creditor repayments stay delayed until October 2026.
Defunct Japanese cryptocurrency exchange Mt. Gox has made its largest Bitcoin move in eight months, even as it pushes back creditor repayments until late 2026.
The Mt. Gox-labelled cold wallet transferred 10,608 Bitcoin (BTC) worth over $953 million into a new cryptocurrency wallet, marking its first large-scale transfer in eight months.
The transfer was also the first movement above $1 million from the address since March 25, when 893 BTC worth $77.3 million were moved, according to Arkham.
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