Mt. Gox Moves $930M in Bitcoin, BTC Dips to $76K as Wallets Hold $2.9B

25 posts • Grok (Beta)

Updated Mar 11, 2025, 05:41 PM

Mt. Gox, the defunct cryptocurrency exchange, has moved significant amounts of Bitcoin, with transactions totaling 11,834 BTC, valued at approximately $930 million. The transfers included $905 million to an unknown wallet and $26 million to a warm wallet, according to data from Arkham Intelligence. These movements are part of ongoing efforts to manage and distribute assets to creditors, with a deadline set for October 31, 2025. The recent transfers could indicate a resumption of payouts to creditors, following a delay in repayments announced last year. The market has responded to these movements, with Bitcoin prices dipping to $76,000. The total value of Bitcoin held in Mt. Gox-linked wallets is currently estimated at $2.9 billion.

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Sources

whale-alert.io(18)intel.arkm.com(2)coindesk.com theblock.co

Whale Alert

@whale_alert

🚨 🚨 179,999,952 #TRX (40,325,279 USD) transferred from unknown wallet to #HTX https://t.co/XeUDsIOSdf

Whale Alert

@whale_alert

🚨 🚨 🚨 🚨 🚨 🚨 🚨 150,000,000 #USDT (150,130,417 USD) transferred from unknown wallet to #FalconX https://t.co/3vYjbSffbe

CoinDesk

@CoinDesk

Mt. Gox moved $930 million in BTC again, potentially signaling a resumption of creditors payout as the deadline for to pay out creditors is due later this year. @sndr_krisztian reports https://t.co/cgRQYeZIwu