Mt. Gox Transfers 47,229 Bitcoin Worth $2.71 Billion a Few Minutes Ago

Jul 5, 2024, 12:35 AM

Mt. Gox, a defunct cryptocurrency exchange, has transferred 47,229 Bitcoin worth $2.71 billion to a new, unknown address. This significant movement was reported by Arkham and confirmed by multiple sources. The transfer occurred at 8:27 UTC+8 and involved moving the Bitcoin from cold storage to a new wallet a few minutes ago. The sudden and large-scale transfer has raised concerns and speculation within the cryptocurrency community.