In a notable development, the bankrupt Mt. Gox platform executed its third large transfer this month, moving 11,501 Bitcoins worth $1.01 billion, sparking speculation about the imminent repayment of creditor dues.

The transfers included sending 893 Bitcoins to a new address, and 10,608 Bitcoins to another wallet belonging to the platform, in addition to a test transfer to Kraken.

This move follows similar transfers this month, amid anticipation for the repayment of debts that have been overdue for more than a decade since the platform's collapse in 2014. Despite the magnitude of the movements, the Bitcoin market was not significantly affected, with the price stabilizing at $86,500.