Bankrupt crypto exchange Mt. Gox has started shifting Bitcoin again, with 12,000 $BTC on the move in a tumultuous week rattled by market volatility.
On March 6, Arkham Intelligence alerted its users on X that the Mt. Gox wallet (1PuQB) had moved 12,000 coins
$91,894
worth a little over $1 billion. The transaction cost $1.64 in fees.
At the same time, 166.5 BTC worth around $15 million was sent to the Mt. Gox cold wallet (1Jbez), while the remainder of the assets were moved to an unidentified wallet (1Mo1n), which currently holds a balance of 11,834 BTC.
Mt. Gox-linked entities currently hold 36,080 BTC worth around $3.26 billion, according to Arkham data.
It is the first Bitcoin transaction from Mt. Gox linked wallets for a month, the most recent being a shuffle of 4 BTC between cold wallets. It is unclear what this latest transaction was for. #MtGoxTransfers