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Mt. Gox Moves $936M in Bitcoin After 8 Months of Silence

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Mt. Gox Moves Bitcoin

The post Mt. Gox Moves $936M in Bitcoin After 8 Months of Silence appeared first on Coinpedia Fintech News

Mt. Gox has stirred the market again after eight months of silence, moving 10,423 Bitcoin, worth about 936 million dollars, to a fresh wallet address. On-chain data from trackers like Arkham Intelligence and analysts such as lookonchain confirm the shift from Mt. Gox–linked wallets as part of its long-running creditor repayment process. Traders are watching closely, as any future move of these coins to exchanges could increase selling pressure, even though repayments have already been delayed and staggered to ease market impact.

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