Source

Bitcoin

Arkham

Mt. Gox continued its repayments on July 24, by offloading 5,106 Bitcoin (BTC), valued at approximately $335 million, to the cryptocurrency exchange Bitstamp and an unidentified address.
According to Arkham Intelligence <a href="https://platform.arkhamintelligence.com/explorer/tx/453e764f60d2564c1d3bfe31b1ce08e128768f965afa54db748b4ea1981d28ae" target="_blank" rel="noopener noreferrer nofollow">data</a>, around 5,106 Bitcoin (<a href="https://cointelegraph.com/bitcoin-price" rel="noopener noreferrer nofollow">BTC</a>) were sent out at 06:16 UTC, split into 2,237 BTC worth $147 million, sent to Bitstamp, and around 2,869 BTC to an unknown address.
The unknown address, beginning with <a href="https://platform.arkhamintelligence.com/explorer/address/1MzhWA9sBSLCN8RZ5ZCKCSV6Hd4gXfXyws" target="_blank" rel="noopener noreferrer nofollow">1MzhW</a>, promptly shifted the funds to another wallet, beginning with <a href="https://platform.arkhamintelligence.com/explorer/address/12azLtpR1G8aBZNeimEsuuBdxAJTB5v5QS" target="_blank" rel="noopener noreferrer nofollow">12azL</a>, followed by one final move to addresses linked to Bitstamp.
<figure><img src="https://s3.cointelegraph.com/uploads/2024-07/98a75388-354e-43f9-b85f-91c75261c414.png" alt="Mt. Gox transfers $335M in Bitcoin to Bitstamp, unknown wallet " title="">
 <figcaption style="text-align: center;">Arkham Intelligence data depicting the Mt. Gox transaction sending out around 5,106 BTC. Source Arkham Intelligence
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</figure>
This is a developing story, and further information will be added as it becomes available.

Mt. Gox transfers $335M in Bitcoin to Bitstamp, unknown wallet

Cointelegraph

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