Defunct crypto exchange Mt. Gox made a significant move by transferring 27,871 Bitcoin valued at $2.82 billion to an unmarked wallet, according to Arkham data. This large transfer took place amid Bitcoin's price surge above $100,000.
The wallet identified as 1Fho…LFRT received these substantial Bitcoin funds approximately three weeks ago from another wallet associated with Mt. Gox. The trustees of Mt. Gox transferred a total of 27,871 BTC to the wallet 1N7J…u8Yp.
In addition to this major transaction, another batch of 3.82k BTC, valued at $386.01 million, was moved, denoting a significant reallocation of Mt. Gox's Bitcoin holdings. These transactions highlight ongoing developments related to Mt. Gox's dormant assets.