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Mt Gox, a failed cryptographic exchange based in Tokyo, returned to the message after the chain data confirmed that it moved 11,501.4 Bitcoins It is worth over $ 1 billion for two cryptographic wallets.
Arkham Intelligence He provided the latest information that revealed that the popular cryptocurrency exchange has moved over 11,000 bitcoins on March 25.
The analytical company stated that the stock exchange has moved 899 Bitcoins to the chilly cryptographic portfolio (1 JBez) and another 10,608 bitcoins to another account (1DCOA).
Interestingly, the bankruptcy exchange also sent 12,000 bitcoins worth $ 1 billion on March 6 and 11,833 Bitcoins on March 11. Arkham Intelligence confirms that the exchange still controls $ 35,000 with a value of over $ 3 billion in various wallets.
Breaking:
Mt. Gox moves 11 501 $ Btc Worth $ 1 billion.
893 $ Btc (USD 78.11 million) for a scorching wallet
10 608 $ Btc (USD 927.48 million) to the shift portfolio
Should we worry? pic.twitter.com/ruacqfydqa
– Crypto Rover (@RoverCrc) March 25, 2025
Mt Gox moves another 1 billion dollars of bitcoins
Mt. Gox has a busy march after data in the chain suggests that the company has moved billions of bitcoins. According to Arkham Intelligence, Crypto Exchange moved over 11,000 Bitcoins in its third cryptographic transaction in March. After recording the transaction, the analytical company immediately provided messages via its Twitter/X account.
In the position, the company confirmed the transfer of 893 Bitcoins worth about $ 78 million to the Mt. portfolio. GOX. Then the company moved 10,608 bitcoins worth $ 929 million to another wallet.
Source: Arkham Intelligence
The spot on the chain reveals that MT Gox was previously transferred to BitStamp
SPON in the chain also shared the one with Mt. Gox’s Recent transfers Directed Bitstamp. The analytical company noticed that 833.4 bitcoins added to the Bitstamp account will be moved again. It was found that the exchange portfolio (1PUQB) moved 12,000 bitcoins worth over $ 1 billion on March 6 last year.
Akrham also added that the cryptographic exchange transferred $ 15 million of the fund $ 1 billion to Bitgo, one of his guardians dealing with the repayments of creditors. Mt. Gox also moved 166.5 bitcoins worth $ 15 million to a chilly wallet, and the rest was transferred to an unidentified cryptographic portfolio.
Mt. The Gox was also vigorous on March 11, transferring $ 11,833 with a value of almost $ 1 billion at current prices. Piekiking in Chain shared that the company began to transfer its assets in June 2024, with the first tranche of $ 9.2 billion.
Mt Gox transfers bitcoins to pay to creditors
Mt Gox was once the best cryptographic exchange before at the beginning of 2024 it is founded in bankruptcy, losing 850,000 bitcoins. At the top, the exchange of cryptocurrencies was dealt with 70 to 80% of total cryptographic trade transactions.
After the fall in February 2014, the court appointed trusteers to manage the company’s bankruptcy proceedings and plan its finances. Pursuant to the court agreement, Mt. GOX has until October 31, 2025 to compensate for the affected customers.
A distinguished picture from Shutterstock, Chart from TradingView
