Mt. Gox makes $35M BTC transfer to unmarked addresses
Around 500 BTC has been moved from a Mt. Gox-associated address but it is unclear if this is related to repayments.
Bitcoin associated with the defunct Mt. Gox exchange is on the move again, with onchain data showing a $35 million transfer to several unknown addresses on Nov. 1.
Blockchain intelligence platform Arkham revealed that 500 BTC worth approximately $35 million has been transferred from the Mt. Gox cold wallet to an unmarked address starting with “12cTj”.
Shortly after, there were two transactions of 31.78 BTC and 468.24 BTC to two unmarked addresses. It is the first major coin movement from Mt. Gox associate wallets in around a month.
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Author: Martin Young
