#MtGoxTransfers

The cryptocurrency exchange Mt. Gox, which declared bankruptcy in 2014 after a major hacking attack, recently transferred 11,834 BTC (approximately US$897,324,534,039.30 million) to new addresses, according to data from Arkham Intelligence. This movement may indicate the beginning of payments to creditors, with a final reimbursement deadline until October 31, 2025.

These transfers generate speculation about possible impacts on the cryptocurrency market, especially on the price of Bitcoin, due to the expectation that creditors may sell the received assets. Investors and market participants should monitor these movements and consider strategies to mitigate risks associated with possible price fluctuations.