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Mt. Gox Moves $2.4 Billion in Bitcoin as BTC Soars Above $100K

Mt. Gox Moves $2.4 Billion in Bitcoin as BTC Soars Above $100K

CointimeCointime2024/12/05 05:34
By:Cointime

on December 5, after the price of Bitcoin broke through the $100,000 mark, the bankrupt cryptocurrency exchange Mt.Gox transferred over 24,000 bitcoins (worth nearly $2.47 billion) to an unknown address.

Data from Arkham Intelligence shows that the exchange transferred 24,051 bitcoins since November 12, and the funds were first transferred to an unknown address starting at 2:45 am UTC on December 5, with an address beginning with "1N7j".

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