"Mount Gox Transfers $49.3 Million Worth of Bitcoin (BTC) Today... Approximately 71.6 Billion KRW"
Minseung Kang
Summary
- It was reported that the bankrupt exchange Mount Gox transferred $49.3 million worth of Bitcoin today.
- Of this transfer, $19 million was sent to two new wallets, and $30.6 million was transferred to a wallet address starting with 1MVm.
- Mount Gox is still holding $3.45 billion worth of Bitcoin.

A wallet suspected to belong to the bankrupt cryptocurrency exchange Mount Gox has reportedly transferred $49.3 million (approximately 71.6 billion KRW) worth of Bitcoin (BTC) today.
On the 23rd, blockchain analysis platform Arkham Intelligence stated via X (formerly Twitter), "Mount Gox transferred Bitcoin worth $49.3 million this morning (local time)," adding, "Of this, $19 million worth of Bitcoin was sent to two new wallets, and the remaining $30.6 million was transferred to a wallet address starting with 1MVm."
Arkham Intelligence further noted, "Mount Gox currently holds Bitcoin worth approximately $3.45 billion."

Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.

![[Key Economic & Crypto Calendar for the Week Ahead] US December PCE Price Index, and More](https://media.bloomingbit.io/static/news/brief_en.webp?w=250)


![[Analysis] "Binance’s XRP holdings fall to a two-year low…a signal of easing sell-side pressure"](https://media.bloomingbit.io/PROD/news/ddf35c9e-c582-4b4d-95b6-0c5b1673198d.webp?w=250)
