Bitcoin

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<ul class="news-points"> 
 <li>Mt. Gox has moved 37,477 BTC worth $2.47 billion to an anonymous address.</li> 
 <li>The transfer is part of ongoing efforts to reimburse users, with recent movements to Bitstamp and Kraken exchanges.</li> 
 <li>Kraken CEO praised the Trustee’s efforts in preserving Bitcoin and facilitating creditor repayments.</li> 
</ul> 
Defunct Japanese exchange Mt. Gox has resumed moving Bitcoin to unidentified destinations amid the crypto market’s corrective phase. <a href="https://platform.arkhamintelligence.com/explorer/entity/mt-gox" target="_blank" rel="nofollow">Data</a> from the analytics platform Arkham Intelligence shows that Mt. Gox sent 37,477 BTC tokens, valued at over $2.47 billion, to an unmarked address less than three hours ago. 
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 <img decoding="async" src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXf4Ko3pYUSHozuyqNYyEpenhStSXedoX8kzUmTDLLyIvMnVrhxt9T10D7A-DfYQrPORTkkPxDI1wy_8As-Dm7Wr1sitPJXSWAGv2yl7iYBPXcxqXTffbjeMNRu6Ra37dkSge7vmhl6YIJ3l_KdDZH_S6b7C?key=jvGD9ApgbHHu7t4kPGOsNA" alt="">
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The recent Bitcoin transfer by Mt. Gox comes as the cryptocurrency’s value has fallen by 2.78% in the past 24 hours, hitting a low of $65,484 after previously trading at $67,359. The $2.47 billion BTC transfer is part of a larger effort to reimburse users of the defunct exchange, building upon earlier transfers of funds to various liquid platforms. 
Previous day, Mt. Gox had <a href="https://x.com/ArkhamIntel/status/1815681016050147533" target="_blank" rel="nofollow">transferred</a> a total of $2.85 billion in BTC to new wallets to distribute 5,110 BTC valued at $340.1 million to four separate add…
The post <a href="https://coinedition.com/mt-gox-bitcoin-saga-continues-sends-2-47b-to-unidentified-wallet/">Mt. Gox Bitcoin Saga Continues: Sends $2.47B to Unidentified Wallet</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Mt. Gox Bitcoin Saga Continues: Sends $2.47B to Unidentified Wallet

Coin Edition

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