Mt. Gox Transfers 10,422.65 BTC Worth $739M from Cold Wallet Today

BTC-4.29%
According to Arkham monitoring, bankrupt crypto exchange Mt. Gox transferred 10,422.65 BTC worth $739 million from its cold wallet today. The majority of funds were sent to a new wallet, while 116.30 BTC were routed to Mt. Gox's known hot wallet. The transaction does not indicate that Mt. Gox has sold Bitcoin or initiated a new round of creditor repayments. The liquidation trustee extended the repayment deadline to October 31, 2026, due to incomplete creditor procedures and processing delays.
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