Mt Gox wallets make small bitcoin moves, including to recipient exchange Bitbank, shows Arkham | Headlines | News | CoinMarketCap

07/04/2024 17:47
Mt Gox wallets make small bitcoin moves, including to recipient exchange Bitbank, shows Arkham | Headlines | News | CoinMarketCap

A number of Mt Gox wallets were involved in two transactions over the last few hours ahead of the pending repayments of $9 billion of bitcoin. The …

A number of Mt Gox wallets were involved in two transactions over the last few hours ahead of the pending repayments of $9 billion of bitcoin.

The transactions involved three wallets previously associated with the collapsed exchange, according to Arkham Intelligence. The largest movement was for $24 of bitcoin.

When the Mt Gox funds were last moved with significant size, the funds were predominantly consolidated in three wallets. When this happened, there was $24 left in a wallet that was used as an intermediary at one point. In the last few hours, this small amount of bitcoin was forwarded on to a wallet that then sent funds to Bitbank's hot wallet, according to Arkham labeling. The rest of the bitcoin was sent to a new wallet.

Bitbank is one of the exchanges listed for supporting Mt …

Read more --->