The Mt. Gox cold wallet (16eAG) has moved 47,229 Bitcoin  worth almost $3 billion to an unknown wallet address in the last hour.

According to Arkham Intelligence data , Mt. Gox still holds 138,985 Bitcoin ( BTC ) in its main wallet, worth around $8.75 billion and has begun mobilizing funds held for the first time in two weeks.

A further 44,000 BTC, worth $2.84 billion, was shifted from the Mt. Gox (16ArP) wallet to a wallet labeled ‘Mt. Gox: Cold Wallet (1Jbez) and 526 BTC worth $33.6 million to an unknown wallet .

Mt. Gox moves $3B in BTC to unknown address image 0 Arkham Intelligence data revealing over 91,700 BTC moved over the last two hours. Source: Arkham Intelligence.

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This is a developing story, and further information will be added as it becomes available.