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Mt. Gox moves $3B in BTC to unknown address
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2024-07-16 04:07:40
Josh O"Sullivan1 hour agoMt. Gox moves $3B in BTC to unknown addressMt. Gox"s cold wallet transfers 47,229 BTC worth $3 billion to an unknown address, marking significant activity after a two-week lull.972 Total views7 Total sharesListen to article 0:00NewsOwn this piece of crypto historyCollect this article as NFTJoin us on social networksThe Mt. Gox cold wallet (16eAG) has moved 47,229 Bitcoin worth almost $3 billion to an unknown wallet address in the last hour.
According to Arkham Intelligence data, Mt. Gox still holds 138,985 Bitcoin (BTC) in its main wallet, worth around $8.75 billion and has begun mobilizing funds held for the first time in two weeks.
A further 44,000 BTC, worth $2.84 billion, was shifted from the Mt. Gox (16ArP) wallet to a wallet labeled ‘Mt. Gox: Cold Wallet (1Jbez) and 526 BTC worth $33.6 million to an unknown wallet.Arkham Intelligence data revealing over 91,700 BTC moved over the last two hours. Source: Arkham Intelligence.
Related: Bitcoin price CPI gains last just 1 hour as Mt. Gox sell-off fears linger
This is a developing story, and further information will be added as it becomes available.# Bitcoin# Blockchain# CryptocurrenciesAdd reaction