Bitcoin dips 2% as Mt. Gox wallets move over $7B to unknown wallet
Billions in Bitcoin reportedly belonging to collapsed crypto exchange Mt. Gox has moved to an unknown wallet.
Bitcoin (BTC) dipped 2% on May 28 after wallets labeled as belonging to the collapsed crypto exchange Mt. Gox moved 107,547 BTC worth nearly $7.3 billion to an unknown wallet — with more transactions coming in by the hour.
The move is ahead of the defunct crypto exchange’s plan to return BTC holdings to creditors before October.
Blockchain tracking X account Whale Alert posted the moves in May 28 X posts, noting six on-chain transactions of between 3,999 BTC and 32,499 BTC within hours.
Go to Source
Author: Jesse Coghlan
