Bitcoin

Arkham

Billion

<p>Mt. Gox, the infamous crypto exchange that collapsed a decade ago, is on the move again—this time shifting over $1 billion in Bitcoin. According to Arkham Intelligence, the exchange transferred 12,000 BTC on March 6, with a shockingly low transaction fee of just $1.64.</p>   
<p>With billions in Bitcoin still tied to the exchange, all eyes are on its wallets.</p>   
<h2 class="wp-block-heading" id="h-where-did-the-bitcoin-go">Where Did the Bitcoin Go? </h2>   
<p>Along with the main transfer, another 166.5 BTC (about $15 million) was <a href="https://intel.arkm.com/explorer/address/1Mo1nW5ZM5m2tx9qMsYm2YJxGn3TeS9gR9" target="_blank" rel="noreferrer noopener">sent </a>to Mt. Gox’s cold wallet (1Jbez). The rest—11,834 BTC—went to an unknown wallet (1Mo1n).</p>   
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<p>Mt. Gox-linked wallets now hold 36,080 BTC, worth around $3.26 billion, according to Arkham data. This is the first major Bitcoin movement from these wallets in a month. The last transfer was just 4 BTC between cold wallets. The reason behind this latest move is unclear, but in December, Mt. Gox shifted 1,620 BTC through unknown wallets—just two weeks after moving 24,000 BTC.</p>   
<h2 class="wp-block-heading" id="h-markets-react-to-new-tariffs">Markets React to New Tariffs</h2>   
<p>The transfer happened during a turbulent week for Bitcoin, as new U.S. trade tariffs from President [popover-profile type="person" name="donaldtrump"] shook global markets. High-risk assets like crypto took a hit. <a href="https://coinpedia.org/news/why-is-crypto-market-down-today-2/" target="_blank" rel="noreferrer noopener">Bitcoin’s price surged</a> to $94,770 on March 3, then plunged to $82,681 on March 4 before recovering above $90,000 on March 5.</p>   [post_titles_links postid="]   
<h2 class="wp-block-heading" id="h-a-decade-later-creditors-still-waiting">A Decade Later, Creditors Still Waiting</h2>   
<p>Mt. Gox was once the biggest Bitcoin exchange, handling 70% of all BTC trades by 2013. But in early 2014, it suddenly stopped withdrawals and trading before shutting down completely. It later filed for bankruptcy, reporting the loss of over 800,000 BTC.</p>   
<p>More than a decade later, creditors are still waiting for their funds. In October 2024, Mt. Gox announced a new repayment deadline—<a href="https://coinpedia.org/news/mt-gox-bitcoin-payout-exchange-moves-152m-ahead-of-major-repayments/" target="_blank" rel="noreferrer noopener">October 31, 2025</a>—delaying hopes of a resolution once again.</p>   
<p><strong>A decade may have passed, but for Mt. Gox creditors, the wait for justice—and their Bitcoin—continues.</strong></p>   [article_inside_subscriber_shortcode title="Never Miss a Beat in the Crypto World!" description="Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more." category_name="News" category_id="6"]   
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Mt. Gox Moves $1 Billion in Bitcoin – Crypto Community on High Alert!

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