Mt. Gox, the defunct cryptocurrency exchange, has moved a significant portion of its Bitcoin holdings for the first time in over five years. Approximately 141,686 BTC, valued at around $9.6 billion, have been transferred to new wallets. This movement is part of an effort to prepare for the distribution of funds to creditors, with repayments expected to be completed by October 31, 2024. The transfer has caused a notable impact on the cryptocurrency market, with Bitcoin prices dipping by over 2% to below $68,000. Additionally, Mt. Gox has moved 142,846 BCH, worth approximately $67.9 million, to new addresses. The exchange also transferred 12,240 BTC ($843.6M) and 42,830 BTC ($2.94B) to new wallets, and 750K SOL ($125M) to Binance and Kraken.
Bitcoin price falls below $68,000 following transfer worth $9.6 billion from Mt. Gox cold wallet https://t.co/tRtXAIlYJL
#MtGox update: The 141560 Bitcoin was accumulated from many wallets in mostly increments of 2000 $BTC, into wallet 1JbezD - 4hrs ago this wallet was split into 2 Mt Gox Cold Storage wallets 16eA ($3.23b) and 1HeHL ($3.23b). I will continue to share any movements. https://t.co/TgjbmlOUtW
🚨 New Podcast Episode Alert! 🚨 We’re diving deep into the latest #Bitcoin turmoil: Mt. Gox wallets moved over $9.6 billion worth of $BTC to an unknown address, causing a 2% dip in price. https://t.co/VDMPMBTpoX
#MtGox Moves 141,686 #BTC to Three Addresses, Consolidates 142,846 #BCH https://t.co/e8r9oXTiNx
Mt. Gox Moves $9.6 Billion Worth Of Bitcoin - Are Creditors Finally Being Repaid? https://t.co/9EEpm0du3M
Bitcoin dipped by over 2% when wallets from Mt. Gox moved $7.3bn worth of #bitcoin to an unknown wallet. https://t.co/ijlWvFKsDo
Here's how the Mt Gox bitcoin has been moving On the left are a few of the 72 wallets where the funds came from On the right are three addresses, each holding 47,000 BTC ($3.2 billion) for a total of $9.2 billion https://t.co/3cRyYMy7kr
Ex #MtGox CEO confirms trustee moving the 142000 $BTC to distribution wallets - October 2024 is the deadline. No worries 😉 this is good news. We need this event over. https://t.co/0EEwAC2dkD
Bitcoin sinks as Mt. Gox transfers billions for creditor repayments https://t.co/jDpwNZQbxU
#Mtgox Update: Final 35138 Bitcoin sent to wallet 1JbezD with total 141686 $BTC now. https://t.co/ceXSXLwQ8l
Bitcoin sinks as Mt. Gox transfers billions to begin creditor repayments https://t.co/MR3biI8HHX
UPDATE: The Mt. Gox BTC has now been moved to 3 new wallets in the past hour, all receiving their first test transaction ~4 hours ago. 47.23K BTC ($3.22B) https://t.co/qDYHhY2K4n 47.23K BTC ($3.22B) https://t.co/iTvyu3lP5a 47.23K BTC ($3.22B) https://t.co/4qMgwy3116 https://t.co/1gD9LHoGLn
$BTC fell below $68,000 after wallets belonging to Mt. Gox transferred $9 billion worth of the token. The defunct crypto exchange plans to repay creditors by Oct. 31. @JamieCrawley reports for First Mover Americas https://t.co/siEcM8F3Tl
JUST IN: Mt Gox #Bitcoin worth $9 billion worth was moved in preparation for distribution expected in October https://t.co/T4RfaJPtr8
Bitcoin retreated as a Mt. Gox wallet moved more than $9 billion worth of BTC overnight. As of early Tuesday morning, the wallet still holds $9.6 billion worth of Bitcoin. https://t.co/ZvZQJpRYBz
.@MagicalTux (former CEO of Mt.Gox): “As far as I know everything is fine with MtGox. The trustee is moving coins to a different wallet in preparation of the distribution that will likely happen this year, there is no imminent sale of bitcoins happening.” https://t.co/HAAvgpDhr3 https://t.co/EUkbCR7Ga3
All 140K Mt Gox #BTC has been transferred to 1 address. Busy day. Here's just one of the transactions https://t.co/SMDipIZ5BI https://t.co/xBu1GTYpRl
Total current balance on all known addresses* of the MtGox Trustee: 0.11645937 BTC. 137890.865421 BTC have been moved away from these addresses since 2018/05/10. $BTC #bitcoin #mtgox mt.gox mt gox 2024-05-28T11:13:30.949Z
Mt. Gox moved billions of dollars in #Bitcoin today Investors got spooked & markets took a dip Here's what you need to know 🧵 https://t.co/kFb2mKaKi6
MtGox creditors, what are going to do with the (presumably) soon to arrive BTC?
Mt. Gox: 1JbezD...KLAPs6 is undergoing further distribution and has all been transferred out, with 47.229k BTC transferred to the new address: 1HeHLv...vHoV68, 23.797k BTC transferred to the new address: 1zuWGg...FWGRH6, 47.229 k BTC transferred to the new address:… https://t.co/M8VWgECJ9A
🚨“EVERYTHING IS FINE” CLAIMS MT GOX’ FORMER-CEO AS FIRM MOVES $7B IN BITCOIN🚨 - The price of $BTC tanked on the news that failed exchange Mt Gox had suddenly moved more than $7 billion worth of Bitcoin to an unknown address. - Amid market-wide panic, Mt Gox’ former-CEO… https://t.co/xjoqyqDkXu https://t.co/ylc9RKgwyH
Mt. Gox related addresses also transferred a total of 142,846.22 BCH to the unmarked address: 1LG4Gu...gRpipi today. Currently holding 142,824.27 BCH, worth approximately US$67.9 million, making it the 11th largest BCH currency-holding whale address. https://t.co/XwZ2m82fDm
Mt. Gox creditors are finally getting their coins. https://t.co/3yYkrQkSQn
Mt Gox Trustee and Mark Karpeles weigh in on the estate moving $9.8 billion of bitcoin https://t.co/GL9rjtxzs2
$10B of Mt. Gox BTC (140K) moved over the last 7 hours 72 different Mt. Gox-linked wallets sent a total of 141,686 BTC in batches of ~2K to 1Jbez, a new wallet that received its first test transaction for $3.65 on 5/20 last week and began receiving larger transactions 8 hours… https://t.co/PaBXqFrnYO
Defunct bitcoin exchange Mt. Gox, which collapsed in 2014, moves 140K bitcoin, worth ~$9B, to an unknown address, likely part of a plan to repay creditors (@shauryamalwa / CoinDesk) https://t.co/R7LcoeodBf 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/bnNsO7VMrE
Bitcoin Falls After Mt. Gox Wallet Moves $9 Billion Worth of BTC ► https://t.co/U1t1KMsd44 https://t.co/U1t1KMsd44
[THE BLOCK PRO] Mark Karpeles: #MtGox trustee is moving the #Bitcoin to different wallet to prepare for distribution expected for this year https://t.co/pxoLbwVe5b
*MARK KARPELES: MT GOX TRUSTEE IS MOVING THE BITCOIN TO DIFFERENT WALLET TO PREPARE FOR DISTRIBUTION EXPECTED FOR THIS YEAR - THE BLOCK PRO
Crypto Markets Spooked as Mt. Gox Moves Over $9B in #Bitcoin #MtGox #NewsBytes https://t.co/L16BKO2SqM
As far as I know everything is fine with MtGox. The trustee is moving coins to a different wallet in preparation of the distribution that will likely happen this year, there is no imminent sale of bitcoins happening.
Some facts on MT Gox moving 42.8k $BTC (~$2.9B) for first time in 5years - repayment won’t happen till October - Those to be repaid either get cash or BTC. Cash will sell, BTC will hold
INSIGHTS: Mt. Gox cold wallet completes transfer of 141K #BTC to new wallet via @jvs_btc https://t.co/Sx2IQDLl0I
Bitcoin retreats as traders eye risk from sales linked to failed Mt. Gox as efforts to return $9 billion worth to creditors accelerate $BTC https://t.co/hUPCwWiEAI via @business
🚨🚨🚨 Over 42,000 BTC 💰 from Mt. Gox has moved in the last 6 hours! https://t.co/st5SnGSl1Q
One of the earliest Bitcoin exchanges Mt. Gox has allegedly moved billions worth of crypto to an external address for the first time in years https://t.co/qXqKXxS2qD
Mt. Gox, all 140K BTC has been transfered to 1 address within last 6 hours - looks like an exchange custody wallet, New supply is coming soon. https://t.co/antWJ4aaV6 https://t.co/gOa89FpMOT
A cold wallet tied to Mt. Gox moved $9.6 billion worth of Bitcoin to an unknown wallet for the first time in five years. @tikta_ reports https://t.co/G8B0MmKkfe
Bitcoin price dropped 1.5% today, dipping below $68,000 after hitting $70,600 yesterday. As per reports, #MtGox, the infamous exchange that crashed in 2014, has started paying creditors and saw outflows of 141658 #Bitcoins worth $9.6 billion. Markets are wary of liquidity and… https://t.co/QweTqzRGbA
Almost $10B out of the $30b+ Mt. Gox $BTC has been moved.
Mt. Gox owes creditors 142,000 #Bitcoin ($9.6B). The repayments will be made in installments, with the deadline set for Oct 31, 2024. We'll be tracking all the Bitcoin movements closely at Flow State. Stay updated by subscribing here: https://t.co/BVFbKVqvq8
[ARKHAM INTEL] Mt. Gox cold wallet transferred 12.24k #BTC ($840 million), this is the first transfer since July 2019 https://t.co/u3QNvmg2B3
[ARKHAM INTEL] Mt. Gox cold wallet transferred 12.24k #BTC ($840 million) to the address 1JbezD...KLAPs6, now holding 141.686k $BTC ($9.62 billion). This is the first transfer since July 2019 https://t.co/BZH7NstB8K
JUST IN: Over $9 billion worth of #Bitcoin has moved from Mt. Gox wallets, as per on-chain data 👀 https://t.co/Nk3H7zCqFH
Bitcoin dips 2% after Mt. Gox moves $7.3B in BTC #Bitcoin fell 2% on May 28 as Mt. Gox wallets transferred 107,547 BTC ($7.3 billion) to an unknown address. The transactions are part of the exchange’s plan to return $BTC to creditors by October. https://t.co/EFk7Bcgpuy
🚨 MT Gox moved $2.3 Billion worth of #Bitcoin for the first time in five years 👀 Payments are likely to come in installments to creditors. The repayment deadline is October 31, 2024 https://t.co/fXDgzg7PDE
The Mt. Gox-related address may have transferred all BTC to this unmarked address: 1JbezD...KLAPs6, no further transfer has occurred yet. This is the first transfer out of the Mt. Gox-related address since July 2019. 1JbezD...KLAPs6 currently holds a total of 141.686k BTC, worth… https://t.co/JnDeNmxVgb
Mt. Gox Moves Bitcoin Holdings, Prepares $9 Billion Disbursement, Transfers SOL to Binance and Kraken https://t.co/Rwqu0cS474
If you're wondering why $BTC is going down today, it's because of Mt. Gox, the biggest exchange of its time that collapsed in 2014, moved $5B worth of #bitcoin to an unknown wallet. https://t.co/kzRWZJzS9r
Mt. Gox distribution has been started. Almost $7 billion worth of #Bitcoin has been moved in the last few hours 👀 https://t.co/0NxzZJJGe3
#MtGox coins have started moving to a new address. The new address now holds over 26k #BTC https://t.co/VszrPtZ0U8
BREAKING: 🚨 Mt. Gox unstaked 3.96M $SOL($664M) 2 days ago and transferred 750K $SOL($125M) to #Binance and #Kraken 4 hours ago https://t.co/YuffFBILgt
🚨Mt.Gox have just transferred over $6B of BTC 👀 https://t.co/fNO59URWJ0
Total current balance on all known addresses* of the MtGox Trustee: 30423.08865937 BTC. 107467.893221 BTC have been moved away from these addresses since 2018/05/10. $BTC #bitcoin #mtgox mt.gox mt gox 2024-05-28T05:13:30.117Z
#MtGox Update: Another 32499 Bitcoin sent to 1JbezD total now 107547 Bitcoin of 142000 total. ☝️ Expect another 32453. https://t.co/7agjG791hY https://t.co/JJmgqOnRQw
#MtGox Update: Another 32499 Bitcoin sent to 1JbezD total now 107547 Bitcoin of 142000 total. ☝️ https://t.co/7agjG791hY https://t.co/80CznlU1e4
#MtGox Update: Another 32499 Bitcoin sent to 1JbezD 1 total now 107547 Bitcoin of 142000 total. ☝️ https://t.co/7agjG791hY https://t.co/QX4CYQTOwl
#MtGox Update: Another 32137 Bitcoin moved to wallet 1JbezDV - total now 75047 $BTC accumulated. https://t.co/scTMCURBXX
Bitcoin fell as traders monitored transfers by wallets belonging to the failed Mt. Gox exchange https://t.co/OqGmKI7H2Y
🚨 NEW: Mt. Gox, the old bankrupt Cryptocurrency exchange, has begun distributing bitcoin to creditors. Approx 43,000 BTC (~$3B) have been sent to various wallets. This is the first movement in 5 years. They have approx. 139,700 BTC (~$9.5B) left in their wallets. https://t.co/J9lejR5saI
Mt. Gox paying out $9bn in BTC. I wonder how much will flow into ETH.
🚨 Mt. Gox has now moved over $2.9B of #Bitcoin https://t.co/rOBgMBilua
Mt. Gox moves at least $2.9 billion in bitcoin for first time in five years https://t.co/GLKSkC0VmW
Another 30000 $BTC moved by #MtGox - all to new wallets for distribution ☝️ That’s 42900 $BTC moved of their 142000 into wallet 1JbezDV. I’ll be watching and reporting. https://t.co/Xg0aPOVcul
🚨 BIG BREAKING 🚨 NEARLY 42,000 #BITCOIN WORTH 2,873,265,983.99 USD HAS MOVED FROM MT. GOX WALLETS. https://t.co/n3U5lBR36U
10 minutes ago, a wallet 1Jbez just received 16,590 $BTC (~$1.14B) from Mt. Gox. Within 1 hour, this wallet totally received 42,830 $BTC (~$2.94B). Mt Gox address: https://t.co/dnSFWQwsP6 https://t.co/BKbdGu7LX4 https://t.co/nEslpaFOo9
Another 30000 $BTC moved by #MtGox - all to new wallets for distribution ☝️ That’s 42700 $BTC moved of their 142000. I’ll be watching and reporting. https://t.co/huHCQRENSo
Another 30000 $BTC moved by #MtGox - all to new wallets for distribution ☝️ https://t.co/zH0sYi4IIM
MTGOX just transfer 1.8B worth $BTC to this address in the last 2 hours https://t.co/VF7yF4Hx09 https://t.co/ZrOzqMARIX
MTGOX just transfer 1.8B worth $BTC 哟this address in the last 2 hours https://t.co/ZrOzqMARIX
🚨 BREAKING 🚨 #MTGOX WALLET HAVE STARTED TRANSFERRING LARGE AMOUNTS OF BTCOIN TO UNKNOWN WALLETS. IS #MTGOX STARTING TO REINBURSE? https://t.co/PNKNfKcoBE
#MtGox coins started moving to a new address 👇 https://t.co/iT02TA91Yn
🚨 #Bitcoin worth ~$840M has been transferred from a wallet associated with Mt. Gox.
#MtGox moves some of their balances ready to make disbursements? 👀 https://t.co/tXkqM6zDCm https://t.co/KJRy3SxOkq
The wallets tagged #MtGox are transferring $BTC out. So far, #MtGox has transferred 12,240 $BTC($843.6M) to a new wallet and still holds 125,651 $BTC($8.66B). Address: 1JbezDVd9VsK9o1Ga9UqLydeuEvhKLAPs6. https://t.co/tGYGO6b2eb
#PeckShieldAlert #MtGox labeled address has transferred a total of 12.24K $BTC (worth ~$843.59m) to a new address https://t.co/leRWytdGSP
#MtGox moves their balances ready to make disbursements 👀 https://t.co/tXkqM6zDCm https://t.co/UIs9l33YKH
It's been 2 years since then. https://t.co/iRXjZVMXoK Mt.GOX $BTC finally moving. https://t.co/VYfneNOd8P if Option 1 - 21% claimants do decide to sell their BTC, this will be a $1.94B outflow into the market. Taking info from @FarsideUK , BTC inflow past 2 weeks was ~… https://t.co/1579THN3aj https://t.co/meFWDKohoO
mt gox bitcoin is on the move for first time in >5 years https://t.co/CpNo8umQYn
looks like some MtGox BTC moved for the first time in 6 years! https://t.co/gnS8YgjxJZ