Mt. Gox moves 11,500 Bitcoins, still holds 35,583 BTC

The Block reported on the 24th (local time) that the bankrupt cryptocurrency exchange Mt. Gox has moved $1.01 billion worth of Bitcoin (BTC).
According to cryptocurrency analysis firm Arkham, at 8:21 pm ET on the same day, Mt. Gox
Gox moved 11,501.58 BTC, worth $1.01 billion. Of that, 10,608.16 BTC, worth about $927.5 million, was moved.
The BTC was moved to an unspecified wallet, and 893 BTC was moved to a hot wallet on Mt. Gox. The two wallets remain unused to date.
It was revealed that Mt. Gox still holds 35,583 BTC. Looking at past cases of Bitcoin transfers at Mt. Gox, it is not surprising that such a large amount of
There have been cases in which creditors have been repaid after similar transfers have been made, but it is not yet clear whether this latest transfer relates to an actual repayment.
Mt. Gox is a Tokyo-based exchange founded in 2010 and became the world's largest Bitcoin exchange in 2013.
It was the largest exchange, handling 70% of online trading, but was hacked in 2014, resulting in the theft of approximately 850,000 BTC, and it filed for bankruptcy protection.
After that, in July 2024, it will start paying creditors a total of 142,000 BTC (approximately 11 billion dollars, approx. 1.6552 trillion yen),
He held 143,000 BCH (about $47 million, about 7 billion yen), or 69 billion yen in assets. Some creditors were repaid through Kraken and Bitstamp, but Mt.
Mt. Gox has extended the repayment deadline to October 31, 2025. Currently, according to Arcam Data, Mt. Gox holds 35,583 BTC (approximately $3.1 billion).
This figure has remained unchanged since March 12.