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Mt. Gox moves $739 million worth of bitcoin to two addresses: Arkham

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by COINS NEWS 39 Views

from the article.

The Arkham page currently marks the transferred bitcoin as "unspent," and it remains unclear whether the funds would be used for future creditor repayments. Large bitcoin movements in the past have often preceded distributions to creditors.

Tuesday's transactions marked the entity's first bitcoin movement since late March, when it shifted a relatively small amount of bitcoin between its wallets.

Mt. Gox currently holds 34,504 BTC, valued at roughly $2.43 billion, across its wallets, per Arkham data.

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