2024

Bitcoin

Arkham

Coin

<ul class="wp-block-list news-points"> 
 <li><strong>Mt. Gox transferred 12,000 BTC to a new wallet, raising speculation on creditor repayments.</strong></li> 
 <li><strong>Recent Mt. Gox transactions are linked to a broader BTC repayment process, involving major exchanges.</strong></li> 
 <li><strong>Significant Bitcoin transfers from Mt. Gox estate influences ongoing market volatility.</strong></li> 
</ul> 
<p>Mt. Gox transfers 12,000 Bitcoin (worth $709.4 million) to a new wallet, marking its first major move since July.</p> 
<p>This significant transfer was made to a previously inactive wallet address beginning with “1PuQB.” It is the exchange’s first major Bitcoin movement in weeks.</p> 
<p>In addition to the 12,000 Bitcoin transfer, Mt. Gox also shifted 1,265 BTC, worth $74.8 million, to an address labeled as a Mt. Gox cold wallet on Arkham Intelligence. These funds have not moved since the transaction, sparking speculation about their purpose.</p> 
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   <p lang="en" dir="ltr">Ten minutes ago (at 7:39 AM UTC+8 on August 21, 2024), a Mt. Gox address transferred 13,265 BTC, valued at $784 million. Out of this, 12,000 BTC were moved to a new address, and the remaining 1,265 BTC were transferred to an address marked as a Mt. Gox cold wallet. None of these…</p>— Wu Blockchain (@WuBlockchain) <a href="https://twitter.com/WuBlockchain/status/1826045280770490581?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 20, 2024</a>
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<p>While some beli…</p>
<p>The post <a href="https://coinedition.com/mt-gox-continues-bitcoin-repayments-2-7b-still-held/">Mt. Gox Continues Bitcoin Repayments, $2.7B Still Held</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Mt. Gox Continues Bitcoin Repayments, $2.7B Still Held

Coin Edition

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