According to Odaily, Arkham data reveals that MT Gox, once the world's largest Bitcoin exchange, has commenced the transfer of approximately $1 billion in Bitcoin assets. This development has captured significant attention in the cryptocurrency market, potentially impacting Bitcoin prices. MT Gox declared bankruptcy in 2014 following a hacking incident that resulted in the loss of around 850,000 Bitcoins. After an extended creditor compensation process, the exchange is now beginning to return funds to its users. The movement of this substantial amount of Bitcoin could lead to market fluctuations, as some long-term creditors might opt to sell the Bitcoin they receive.

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