May 6, 2025

Mt. Gox Moves $2.71 Billion BTC, 1544.7 Bitcoin Sent To Bitbank

1 min read

Mt. Gox, the defunct crypto exchange, has begun moving large amounts of Bitcoin as part of its long-awaited repayment plan. This action, coupled with movements from government-held wallets, has led to a sharp decline in Bitcoin’s price. Breaking Down the Bitcoin Movements According to blockchain intelligence firm Arkham, Mt. Gox wallets transferred 47,229 BTC, valued …

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