Mt. Gox has transferred 12,000 Bitcoin worth $709.4 million to a new wallet, initiating the first significant movement since July.
This transaction was made to a previously inactive wallet address beginning with '1PuQB.' The transfer marks the exchange’s first major Bitcoin movement in weeks.
Alongside the 12,000 Bitcoin transfer, Mt. Gox also moved 1,265 Bitcoin in what appears to be a continued effort to repay creditors.
