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Mt. Gox Moves $2.4 Billion Bitcoin, Including 30,000 BTC, as BTC Hits $81K

Nov 11, 2024, 06:49 AM

Defunct crypto exchange Mt. Gox has moved $2.4 billion worth of Bitcoin between wallets, according to data from Arkham. The transfer involved over 30,000 BTC to a new wallet and $200 million to a cold storage wallet. The new address received 30,371 BTC, and subsequently transferred 27,781 BTC worth about $2.24 billion to another new address, while 2,500 BTC worth about $201 million was moved back to Mt. Gox. This movement of funds coincides with Bitcoin reaching new highs, crossing $81,000. Additionally, since November 3, 57,800 BTC (roughly $4.16 billion) has been transferred to accumulation addresses.