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Defunct Crypto Exchange Mt. Gox Moves $2.4 Billion in Bitcoin to Two Wallets

Defunct Crypto Exchange Mt. Gox Moves $2.4 Billion in Bitcoin to Two Wallets

CointimeCointime2024/11/11 06:55
By:Cointime

According to data from Arkham, the now-defunct Mt. Gox exchange transferred over 30,000 BTC to a wallet, making it the largest recipient in the latest series of transfers. This type of transfer typically indicates that an exchange is preparing to sell tokens on the open market. Meanwhile, Bitcoin continues to break new records, surpassing $81,000 over the weekend, while Mt. Gox moved $2.4 billion in BTC to two wallets on Monday.

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