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MT. Gox Moved $2.82 Billion in Bitcoin as It Soars Above $100k

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By CoinSurges

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The post MT. Gox Moved $2.82 Billion in Bitcoin as It Soars Above $100k appeared first on Coinpedia Fintech News

Defunct crypto exchange Mt. Gox moved 27,871 Bitcoin worth $2.82 billion to an unmarked wallet on Thursday morning, according to Arkham data. The wallet 1Fho…LFRT received these funds around 3 weeks ago from another Gox linked wallet.

Mt. Gox Trustees transferred over 27,871 BTC to wallet 1N7J…u8Yp and another 3.82k BTC worth $386.01 million to their cold wallet 1JEZ…APs6. The wallet 1Fho…LFRT now holds 39,878 btc worth $4.10 billion. This shifting of Bitcoin has taken place after the price of crypto surpassed $100k. The reason behind this movement is still unknown.

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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
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