Mt. Gox Transfers 12,000 BTC to Anonymous Address...Worth $1 Billion

Suehyeon Lee

Summary

Arkham data revealed that Mt. Gox transferred 12,000 BTC to an anonymous address.
The transfer reportedly occurred as Bitcoin recovered to $90,000.
Mt. Gox also moved another 165.505 BTC to a cold wallet.

Bankrupt exchange Mt. Gox has begun moving a large amount of Bitcoin (BTC).

According to blockchain analytics firm Arkham data on the 6th (local time), Mt. Gox transferred 12,000 BTC (approximately $1.09 billion) to an anonymous address. The transfer occurred as Bitcoin recovered to $90,000.

Mt. Gox was also found to have moved 165.505 BTC (approximately $15 million) to a cold wallet around the same time.

BTC